Ether ETF Fee Competition Begins, Invesco Fees Higher Than VanEck

Asset managers Invesco and Galaxy will charge investors a 0.25 percent management fee for spot ether (ETH) exchange-traded funds (ETFs).

That’s slightly higher than the 0.20 percent VanEck reported last month.

The fees charged by the eight issuers looking to offer Ether ETFs will play a critical role in differentiating a product from others and appealing to investors. Grayscale’s much higher-than-normal 1.5% fee from its bitcoin (BTC) trust has cost the product billions of dollars in losses, and continues to do so.

Management fees are used by issuers for purposes such as managing funds, such as marketing costs, salaries and custodial services.

The fees announced during the launch process of bitcoin ETFs launched in January were as follows:

Many issuers offering spot bitcoin ETFs charge fees of between 0.19% and 0.30% for these products, and similar rates are expected to apply to ether ETFs.