On Friday, updated applications for launching Ethereum ETFs were submitted.
Among the companies that filed applications are BlackRock, VanEck, Franklin Templeton, Grayscale Investments, Invesco Galaxy, and 21Shares.
Two of these companies have already disclosed their servicing fees, which are quite attractive.
According to Bloomberg’s assessment, BlackRock’s ETF fee will be below 0.3%, Franklin Templeton’s will be 0.19%, and VanEck’s will be 0.20%.
It is assumed that the servicing fees will be comparable to those offered for Bitcoin ETFs.
The expected launch date for Ethereum ETFs in the U.S. is July 2.
The minimum investment amount for most crypto funds will be $100,000.
