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Writer's picturemeowdini
Jul 182 min read

BlackRock Sets Competitive Fee for Upcoming Spot Ether ETF

BlackRock's spot Ether ETF fee is set at 0.25% with a 0.12% introductory rate, as several firms rush to launch similar ETFs amid increasing market interest.

BlackRock, a leading asset management firm, has announced the fee structure for its much-anticipated spot Ethereum (Ether) exchange-traded fund (ETF). The announcement comes as several other financial institutions also prepare to launch their spot Ether ETFs. This development signifies a significant milestone in the growing acceptance and integration of cryptocurrencies within traditional financial markets.


Ethereum logo on a red background, representing the launch of BlackRock's spot Ether ETF.
BlackRock sets competitive fees for its upcoming spot Ether ETF amid a wave of new offerings." Alt Text: "Ethereum logo with financial charts in the background, representing the launch of BlackRock's spot Ether ETF." This article provides a clear, informative overview of the fee structures and competitive landscape for spot Ether ETFs, emphasizing the impact and potential market shifts. The caption and alt text ensure the accompanying image is accessible and relevant.

Key Points:


Fee Structure:

  • Details: BlackRock has set the fee for its iShares Ethereum Trust at 0.25%.

  • Introductory Rate: The ETF will start with a 0.12% fee for the first 12 months or until it amasses $2.5 billion in net assets, whichever comes first.


Comparison with Competitors:

  • Franklin Templeton: Offers the lowest proposed fee at 0.19%.

  • Bitwise and VanEck: Both set at 0.20%.

  • 21Shares Core Ethereum ETF: Fee set at 0.21%.

  • Fidelity and Invesco Galaxy: Matching BlackRock’s 0.25% fee.


Fee Waivers:

  • Bitwise, Fidelity, Franklin Templeton, 21Shares, and VanEck: Plan to waive fees initially.

  • VanEck: Waives fees for the first 12 months or until reaching $1.5 billion in net assets.

  • Bitwise: Waives fees for the first six months or until reaching $0.5 billion in net assets.

  • Franklin Templeton: Waives fees until Jan. 31, 2025, or until reaching $10 billion in net assets.

  • Fidelity: Waives fees until Jan. 1, 2025, after which the fee increases to 0.25%.


Grayscale’s Offering:

  • Fee Structure: Grayscale’s spot Ether ETF has a higher fee at 2.5%.

  • Mini Trust: The newly approved Grayscale Ethereum Mini Trust will offer a more competitive fee of 0.25%, with $1 billion in seed funding.


Regulatory Approvals:

  • Preliminary Approval: BlackRock, Franklin Templeton, and VanEck have received preliminary approval from the U.S. securities regulator.

  • Expected Launch Date: Analysts expect S-1s to be signed off on Monday, with trading potentially starting on Tuesday, July 23.


Market Impact:


  • Predictions: Bitwise’s chief investment officer predicts that spot Ether ETFs could attract up to $15 billion in inflows in the first 18 months, similar to spot Bitcoin ETFs.



The introduction of BlackRock’s spot Ether ETF, along with several others, marks a pivotal moment for the cryptocurrency market, potentially driving significant institutional investment. The competitive fee structures and introductory waivers highlight the eagerness of asset management firms to capture market share and facilitate the mainstream adoption of Ether as an investment vehicle. As these ETFs launch, they are expected to bring increased liquidity and stability to the cryptocurrency market, further bridging the gap between traditional finance and digital assets.


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