Grayscale Lowers ETH Mini Trust Fee from 0.25% to 0.15%

IconCryptoNewsTerminal Staff18 Jul, 2024

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Grayscale Lowers ETH Mini Trust Fee from 0.25% to 0.15%

Bloomberg ETF specialist James Seyffart reported on Twitter that Grayscale Investments, a New York-based digital currency asset manager, has reduced the management fee for its Ethereum Mini Trust (ETHE). The fee has been lowered from 0.25% to 0.15%. This move is seen as a positive step for Grayscale and the cryptocurrency industry as a whole. It indicates that Grayscale is committed to providing investors with cost-effective and accessible investment products. The reduction in fees will make ETHE more appealing to investors, and it could help to accelerate the adoption of cryptocurrency.