Ether ETF Price Wars Begin Even Before an Official Launch

[Rakin343]

The first Ether ETF is yet to be launched but the price wars have already begun among the three firms namely Evolve Funds Group, Purpose Investments Inc., and CI Global Asset Management who all have filed for an Ether-based exchange-traded fund. Evolve group has announced a 0.75% on management fee until May 31, making it cheaper than the other two rival firms.
North America has become the hub for crypto-based exchange-traded funds (ETF) in recent times becoming the first nation to approve a Bitcoin ETF in the form of Purpose Group. When the American regulators are yet to approve a Bitcoin ETF, North America is all set to approve a couple of Ether ETFs as well. A similar price war began for Bitcoin ETF as well when the Purpose Group rival started offering a similar discount on their product. Source