After Bitcoin spot ETFs, now it's the turn of Ether spot ETFs in the US 🇺🇸. Yesterday, final approvals were given for these funds, surprising experts. Everyone is anxiously awaiting how much investment these new ETFs will attract. Ether spot ETFs will be officially processed at 16:30 CEST ⏰.Despite the SEC's negative policy towards cryptocurrencies, companies have adapted their products.
Regarding fees, companies compete fiercely, with Grayscale reducing its fees to 0.15% to be more competitive 💸. Additionally, no transaction fees will be charged until certain investment levels are reached.
Ethereum Greyscale Mini Fund (NYSE: ETH), 0.15%
Grayscale Ethereum Fund (NYSE: ETHE), 2.5%
Franklin Ethereum ETF (CBOE: EZET), 0.19%
VanEck Ethereum ETF (CBOE: ETHV ), 0.20%
ETF bit a bit de Ethereum (NYSE: ETHW), 0,20%
ETF de 21Shares Core Ethereum (CBOE: CETH), 0,21%
Fondo Fidelity Ethereum (CBOE: FETH), 0,25%
Fondo iShare Ethereum (NASDAQ: ETHA), 0.25%
Invesco Galaxy Ethereum ETF (CBOE: QETH ), 0.25%
6 out of 8 ETF issuers will use Coinbase for custody, while VanEck will use Gemini and Fidelity will provide its own services 🔒.Ether ETFs are not expected to see as much investment as Bitcoin ETFs, with an estimated $4.7-$5.4 billion in the first six months.
Bitwise's Matt Hougan predicts that the price of Ether could surpass $5,000 💰. Nate Geraci of ETF Store suggests that investment in Ether will be about a third of that of Bitcoin. Although some experts fear a similar drop to the one experienced by Bitcoin after the approval of its ETFs, it is expected that the price of Ether can recover and set new records 📉📈.
