Updated filing by Invesco and Galaxy with US regulators on July 9 established a management fee of 0.25% for the Invesco Galaxy Ethereum ETF (QETH).
This highlights the growing competition among ETF sponsors as they prepare to launch spot Ether funds later this month.
In comparison to other ETFs, Invesco’s fee is slightly higher than VanEck’s and Franklin Templeton’s, who announced fees of 0.20% and 0.19%, respectively, in their own S-1 registrations.
This competition in the digital asset space is leading to lower fees for investors as seen in these filings. These fees are significantly lower than those charged by Grayscale’s Ethereum Trust (ETHE), which was launched in 2017 and is currently one of the few available Ethereum investment options for US investors.
