The post Asset managers update proposals for Ether ETFs, eyeing July launch appeared on BitcoinEthereumNews.com.

Ether ETFs are expected to launch in the first week of July, according to analysts. Several asset managers submitted revised proposals for an Ethereum exchange-traded fund (ETF) to the United States Securities and Exchange Commission on June 21. VanEck, BlackRock, Grayscale and Invesco Galaxy Digital released an updated S-1 Registration Statement following the close of the markets on Friday. Earlier in the day, Fidelity also filed a new S-1 form with the regulator. VanEck’s filing revealed a 0.20% management feed on its Ethereum fund, which is aligned with competitors such as Franklin Templeton, with 0.19% management fees. BlackRock has yet to announce how much its iShares Ethereum Trust (ETHA) will charge investors for management. Read more Source: https://cointelegraph.com/news/asset-managers-update-proposals-ether-etfs-july-launch

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Filed under: News - @ June 23, 2024 11:14 am