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Grayscale Slashes Fees for Ethereum Mini ETF to Compete with Rivals

The firm reduces its planned fee by 40% to 0.15%, intensifying the competitive landscape for upcoming spot ether ETFs.

  • 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.
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