Ether ETFs Are in a Fee War. Franklin Templeton Made the First Move.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 31 2024
0mins
Should l Buy BLK?
Source: MarketWatch
- Fee Wars for Spot Ether ETFs: Franklin Resources plans to charge a 0.19% fee on its proposed spot Ether ETF, with fee waivers for the first $10 billion in assets.
- Competitive Fee Structures: Potential issuers of spot Ether ETFs are expected to engage in competitive fee structures to attract investors.
- SEC Filing: The Securities and Exchange Commission received a filing from Franklin Resources regarding the fee structure for its Franklin Ethereum ETF.
- Waived Fees: Franklin Resources will waive fees on the initial $10 billion in assets for the first six months of the Franklin Ethereum ETF.
- Market Competition: The emergence of fee wars indicates increasing competition among ETF issuers in the spot Ether market.
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Analyst Views on BLK
Wall Street analysts forecast BLK stock price to rise
12 Analyst Rating
10 Buy
2 Hold
0 Sell
Strong Buy
Current: 1055.630
Low
1218
Averages
1336
High
1514
Current: 1055.630
Low
1218
Averages
1336
High
1514
About BLK
BlackRock, Inc. is an investment management company. The Company provides a range of investment management and technology services to institutional and retail clients. Its diverse platform of alpha-seeking active, private markets, index and cash management investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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