10 Ethereum Spot ETFs Set to Launch Next Week

  • 10 Ethereum ETFs to hit the market next week.
  • Top custodians include Coinbase, Gemini, and Fidelity.
  • Waiver fees range from 0% to 0.25% initially.
  • ETF exchanges include CBOE, NYSE, and Nasdaq.

Ethereum ETFs: A Game-Changer for Crypto Investors

In a monumental development for the cryptocurrency market, ten Ethereum spot Exchange-Traded Funds (ETFs) are slated to launch next week. This significant move is expected to provide crypto enthusiasts and investors with unprecedented access to Ethereum investments through traditional financial markets.

Billion

Ethereum

Ethereum

The ETFs will be managed by a mix of well-known financial institutions, with Coinbase, Gemini, and Fidelity serving as the primary custodians. These custodians will ensure the safekeeping and management of the Ethereum assets held within the ETFs, providing a layer of security and trust for investors.

Each ETF comes with different fee structures and waiver periods. For instance, the Franklin Ethereum ETF (EZET) offers a starting fee of 0.00%, which will increase to 0.19% after January 31, 2025. Other ETFs, like VanEck Ethereum ETF (ETHV) and Bitwise Ethereum ETF (ETHW), start at 0.20%, with varying waiver lengths and amounts.


Key Details of the Ethereum ETFs

Here’s a breakdown of the ten Ethereum ETFs:

  1. Franklin Ethereum ETF (EZET)
  • Starting Fee: 0.00%
  • Post Waiver Fee: 0.19%
  • Waiver Length: Until 01/31/25
  • Waiver Amount: $10.0 Billion
  • Exchange: CBOE
  • Custodian: Coinbase
  1. VanEck Ethereum ETF (ETHV)
  • Starting Fee: 0.20%
  • Post Waiver Fee: 0.20%
  • Waiver Length: 1 Year
  • Waiver Amount: $1.5 Billion
  • Exchange: CBOE
  • Custodian: Gemini
  1. Bitwise Ethereum ETF (ETHW)
  • Starting Fee: 0.20%
  • Post Waiver Fee: 0.20%
  • Waiver Length: 6 Months
  • Waiver Amount: $0.5 Billion
  • Exchange: CBOE
  • Custodian: Coinbase
  1. 21Shares Core Ethereum ETF (QETH)
  • Starting Fee: 0.21%
  • Post Waiver Fee: 0.21%
  • Waiver Length: 12 Months
  • Waiver Amount: $0.5 Billion
  • Exchange: CBOE
  • Custodian: Coinbase
  1. Fidelity Ethereum Fund (FETH)
  • Starting Fee: 0.00%
  • Post Waiver Fee: 0.25%
  • Waiver Length: Until 12/31/24
  • Waiver Amount: UNLIMITED
  • Exchange: CBOE
  • Custodian: Fidelity
  1. iShares Ethereum Trust (ETHS)
  • Starting Fee: 0.25%
  • Post Waiver Fee: 0.25%
  • Waiver Length: 12 Months
  • Waiver Amount: $2.5 Billion
  • Exchange: Nasdaq
  • Custodian: Coinbase
  1. Grayscale Ethereum Mini Trust (ETHG)
  • Starting Fee: 0.25%
  • Post Waiver Fee: 0.25%
  • Waiver Length: 12 Months
  • Waiver Amount: $2.0 Billion
  • Exchange: NYSE
  • Custodian: Coinbase
  1. Invesco Galaxy Ethereum ETF (QETH)
  • Starting Fee: 0.25%
  • Post Waiver Fee: 0.25%
  • Waiver Length: 12 Months
  • Waiver Amount: $2.5 Billion
  • Exchange: CBOE
  • Custodian: Coinbase
  1. Grayscale Ethereum Trust (ETHE) – Conversion
  • Starting Fee: 2.50%
  • Post Waiver Fee: 2.50%
  • Waiver Length: None
  • Waiver Amount: None
  • Exchange: NYSE
  • Custodian: Coinbase
  1. ProShares Ethereum ETF
    • Details: Not Available (N/A)

These ETFs are set to be traded on prominent exchanges including CBOE, NYSE, and Nasdaq, ensuring wide accessibility and liquidity. The launch of these ETFs represents a significant step forward in integrating cryptocurrency with mainstream financial markets, potentially attracting a new wave of investors to Ethereum.


SUMEET

Crypto enthusiast with a deep understanding of the blockchain and digital asset space

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