VanEck, an asset management company, announced that it will waive fees for its potential spot Ethereum ETF initially. According to Matthew Sigel, head of digital assets research for VanEck, in an email to ETF dot com, the firm aims to be a leader in crypto ETF fees, even if it means incurring losses at the outset. The fee waiver will last until either an unspecified time in 2025 or until the fund reaches $1.5 billion in assets. Once either condition is met, the fund will charge a 0.2% fee. This information was reported by DLNews.
Spot Ethereum ETFs could launch any day now. And one of the last things prospective issuers need to get right are fees. A recent filing shows that investment-management firm VanEck will be waiving the fee for its Ethereum ETF until some unspecified time in 2025, or until the…
JUST IN: VANECK ANNOUNCES TO WAIVE FEES FOR ITS #ETHEREUM ETF UNTIL 2025 OR UNTIL FUND REACHES $1.5B IN ASSETS
VanEck plans to waive fees for potential spot Ethereum ETF at the outset https://t.co/WVFyZeMn5Z
[DLNEWS] #VanEck Waives Fees for #Ethereum ETF Until 2025 or $1.5B in Assets; 0.2% Fee to Follow $ETH $ETHV
Asset management company VanEck will initially waive fees for its Ethereum ETF until an unspecified time in 2025, or until the fund reaches $1.5 billion in assets. Once either condition is met, the fund will charge a 0.2% fee. DLNews https://t.co/jmIV1xoYx8
VanEck to Waive Fee Initially on Spot Ethereum ETF In an email to ETF dot com, Matthew Sigel, head of digital assets research for VanEck, wrote that the firm "aims to be a leader on crypto ETF fees even if it means we lose money at the outset." They left out the 2nd part of the…
VanEck sets 0.20% fee for proposed spot ethereum ETF https://t.co/iHdNZu75Db https://t.co/MbYgtPvVTV