HomeEthereum21Shares Submits Updated S-1 Filing, Includes 0.21% Sponsor Fee

21Shares Submits Updated S-1 Filing, Includes 0.21% Sponsor Fee


21Shares Submits Revised S-1 Form for Spot Ethereum ETF: Sponsor Fee and Launch Details

21Shares has submitted a revised S-1 form for its Spot Ethereum ETF, revealing key details about the Trust’s operations and associated fees. The sponsor fee, set at 0.21% of Ethereum holdings, aligns with market standards and aims to attract investors with a six-month fee waiver until assets reach $500 million.

Competing with VanEck’s 0.20% fee, 21Shares positions itself strategically in the market, second only to Invesco Galaxy’s 0.25% fee. The ETF is set to launch on July 23, pending final amendments, with market anticipation high as the crypto world awaits the arrival of the Spot Ethereum ETF.

Preliminary SEC approval for multiple issuers, including BlackRock and Grayscale, has set the stage for further developments in the crypto market. With the launch coinciding with The Bitcoin Conference and Donald Trump’s attendance, all eyes are on the upcoming events and the impact they will have on the market. Stay tuned for more updates as the launch date approaches.

New Updates

Popular Updates

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.