Ali
@coolhand93
Spot ETH ETFs are slated to launch on July 23, just over two months after the SEC approved a rule change for exchanges to list these funds. Grayscale will convert its ETHE trust into a spot ETF as well as launching a mini trust which will be seeded with $1bn from the former fund. In a similar fashion to its BTC ETF decision Grayscale kept ETHE’s fee significantly higher than competitors, at 2.5%.
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