VanEck won’t initially charge a price for its Ethereum ETF

Daniel

Spot Ethereum Exchange-traded funds can be launched at any time. And one of the last things expected issuers have to do real is prices.

A recent filing shows that investment-management firm VanEck will waive the price of its Ethereum ETF until an unspecified time in 2025 or until the fund reaches $1.5 billion in assets, whichever comes first.

If any one of these conditions is met, the fund will operate a price of 0.20%.

The firm’s Head of Digital Assets Research, Matthew Sigel, said in a statement on

“The plan is to compensate for this with volume, in this case decentralized finance volume.”

VanEck, spot Bitcoin He applied a similar approach for his ETF. The company waived prices completely until March 31, 2025 or until the fund reaches $1.5 billion (whichever comes first).

The ETF has raised $614 million in assets so far, making it the sixth-largest spot Bitcoin ETF.

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