BlackRock Files Updated Spot Ethereum ETF S-1 Application, Announces 0.25% Fee
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
**BlackRock Files Updated Spot Ethereum ETF S-1 Application, Announces 0.25% Fee**
In a significant move for the cryptocurrency industry, global investment giant BlackRock has submitted an updated S-1 application for a spot Ethereum ETF. This updated application includes a crucial detail for potential investors: a management fee of 0.25%. The filing indicates BlackRock’s continuing commitment to expanding its offerings in the digital asset space, reflecting the growing demand for Ethereum-based investment products.
Given BlackRock’s influential position in the financial world, the filing is likely to generate substantial interest and could be a pivotal moment for the wider adoption of Ethereum in traditional finance. Investors and crypto enthusiasts will be keenly watching for further developments on this groundbreaking ETF.
Coin: #ETH