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AI in Gaming and Entertainment ✌️【Investment Strategy】✌️From ₹500 to massive profits. Start investing now for high returns!Asset managers Invesco and Galaxy will charge investors a 0.25% management fee on its proposed spot ether (ETH) exchange-traded fund (ETF) if and when it is rolled out.With eight issuers looking to launch an ether ETF at the same time, fees will play a critical role in differentiating a product from the others and appealing to investors.
Grayscale’s higher-than-normal 1.5% fee on its bitcoin (BTC) trust caused it, among other reasons, to bleed billions of dollars while others saw mostly inflows.Management fees are used by issuers to pay for the maintenance of a fund, such as for marketing costs, salaries and custodial services.Most issuers for the spot bitcoin ETFs picked a fee between 0.19% and 0.30% which will likely be the case for their ether counterparts.Helene is a New York-based news reporter at CoinDesk, covering news about Wall Street, the rise of the spot bitcoin exchange-traded funds (ETFs) and updates on crypto exchanges.
AI in Gaming and Entertainment ✌️【Investment Strategy】✌️Invest ₹500 and experience exponential growth every month. Safe, smart, profitable!She is also the co-host of CoinDesk's Markets Daily show on Spotify and Youtube.
Helene is a recent graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks.
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