Following the decision several major asset managers have revised their Ethereum ETF proposals submitting updates to the SEC on June 21. These updates signal readiness for a July launch with industry giants like VanEck, BlackRock, Grayscale, Invesco Galaxy Digital and Fidelity fine-tuning their offerings.
VanEck has set a competitive benchmark with a 0.20% management fee for its Ethereum fund while Fidelity’s updated filing showed a $4.7 million seeding at $38 per share by FMR Capital.