BlackRock sets iShares Ethereum (ETH) spot ETF management fee at 0.25%…files amended S-1
JH Kim
Summary
- BlackRock said it has set the management fee for its iShares Ethereum (ETH) spot exchange-traded fund (ETF) at 0.25%.
- The ETF’s ticker is ETHB, and BlackRock said it has filed an amended S-1 (registration statement) reflecting this.
- The management fee is viewed as a factor affecting a product’s competitiveness, and the SEC’s review process is expected to continue, it said.
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BlackRock has set the management fee for its iShares Ethereum (ETH) spot exchange-traded fund (ETF) at 0.25%.
On the 17th (local time), Bloomberg ETF analyst James Seyffart said on X (formerly Twitter) that BlackRock had filed an amended S-1 (registration statement) reflecting the details. The ETF’s ticker is ETHB.
The management fee is the annual cost investors pay while holding the ETF, and is seen as a factor that affects a product’s competitiveness. Following the amended filing, the review process at the U.S. Securities and Exchange Commission (SEC) is expected to continue.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
