De-fi
BlackRock’s Ethereum ETF to Challenge Grayscale with 21bps Fee vs 2.5% – Crypto News
BlackRock is expected to introduce an Ethereum ETF with a fee of 21 basis points, significantly lower than Grayscale’s 2.5% fee.
BlackRock is expected to introduce an Ethereum ETF with a fee of 21 basis points, significantly lower than Grayscale’s 2.5% fee.
This move is anticipated to intensify competition in the market, potentially leading to substantial outflows from Grayscale’s ETHE once ETFs are live next week.
The lower fee option positions BlackRock as a more attractive choice for investors, being 10x cheaper than Grayscale, challenging other firms like Fidelity and Grayscale to adjust their strategies. The market will soon see how effective BlackRock and others are in marketing their Ethereum ETFs and capturing investor interest.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
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