**Grayscale Files Updated Spot Ethereum ETF Application with 2.50% Fee**
Grayscale Investments has taken a significant step in its ongoing efforts to provide investors with more accessible crypto investment options. The company recently filed an updated version of its S-3 application for a spot Ethereum ETF. Notably, this latest filing discloses a fee of 2.50%.
Grayscale’s move to offer a spot Ethereum ETF is particularly noteworthy as it illustrates the growing institutional interest in the second-largest cryptocurrency by market capitalization. The firm’s transparency in disclosing the fee structure is likely to be well received by potential investors who are increasingly seeking regulated avenues to gain exposure to Ethereum.
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This updated application signals Grayscale’s commitment to expanding its cryptocurrency product offerings, potentially paving the way for broader adoption among traditional investors. As regulatory scrutiny on cryptocurrency-related financial products intensifies, Grayscale’s proactive approach may set a precedent for other market players looking to enter the ETF space.
