VanEck to Waive Fees for Ethereum ETF Until 2025 or $1.5B in Assets; 0.2% Fee to Follow

VanEck, an asset management company, announced that it will waive fees for its potential spot Ethereum ETF initially.

According to Matthew Sigel, head of digital assets research for VanEck, the firm aims to be a leader in crypto ETF fees, even if it means incurring losses at the outset. The fee waiver will last until either an unspecified time in 2025 or until the fund reaches $1.5 billion in assets. Once either condition is met, the fund will charge a 0.2% fee.

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