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use ai to evaluate multi channel marketing campaign outcomes ✌️【365vc.net】✌️Join the blockchain revolution. ₹500 can unlock massive monthly profits. Start now!Asset managers Invesco and Galaxy will charge investors a 0.25% management fee on its proposed spot ether (ETH) exchange-traded fund (ETF) if and when it is rolled out.With eight issuers looking to launch an ether ETF at the same time, fees will play a critical role in differentiating a product from the others and appealing to investors.
Grayscale’s higher-than-normal 1.5% fee on its bitcoin (BTC) trust caused it, among other reasons, to bleed billions of dollars while others saw mostly inflows.Management fees are used by issuers to pay for the maintenance of a fund, such as for marketing costs, salaries and custodial services.Most issuers for the spot bitcoin ETFs picked a fee between 0.19% and 0.30% which will likely be the case for their ether counterparts.Helene is a New York-based news reporter at CoinDesk, covering news about Wall Street, the rise of the spot bitcoin exchange-traded funds (ETFs) and updates on crypto exchanges.
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Helene is a recent graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks.
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