Overview

• Grayscale's initial fee of 0.25% was higher than many competitors, prompting the reduction.
• The new fee structure aims to attract more investors as the launch of spot ether ETFs approaches.
• Other major issuers like BlackRock and Fidelity have set their fees at 0.25%, with some offering waivers.
• Grayscale's primary Ethereum Trust will maintain a higher fee of 2.5%, sparking criticism from analysts.
• The SEC is expected to approve multiple ether ETF applications, with trading likely to begin next week.