---
title: "21Shares sets Ethereum spot ETF fee at 0.21% in its updated S-1 form"
url: https://diffcoin.com/21shares-sets-ethereum-spot-etf-fee-at-0-21-in-its-updated-s-1-form/
description: "21Shares has picked a 0.21% management fee for its spot Ethereum ETF, which is set to trade under the ticker CETH."
published: 2024-07-17
updated: 2024-07-17
author: "Mila"
site: "Diffcoin"
---

# 21Shares sets Ethereum spot ETF fee at 0.21% in its updated S-1 form

### Key Takeaways

- 21Shares will charge investors a 0.21% management fee for its spot Ethereum fund.
- The SEC’s deadline for final S-1 forms may trigger a fee war among Ethereum ETF issuers, similar to what happened with spot Bitcoin ETFs.

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21Shares has filed an updated S-1 form with the Securities and Exchange Commission (SEC) for its spot Ethereum exchange-traded fund (ETF), setting a management fee at 0.21%. The ETF will operate under the ticker symbol “CETH.”

The recent filing comes as the SEC has called on Ethereum ETF issuers to return their final S-1 forms on Wednesday. The Ethereum ETF issuers filed their S-1 forms on July 8 but most of them left fees out of their forms.

According to Bloomberg ETF analyst Eric Balchunas, this is likely a strategy from asset managers to check how competitive the funds’ fees are, especially BlackRock’s. The analyst believes BlackRock’s fee is a key detail that could boost competition between issuers.

The launch of spot Bitcoin ETFs earlier this year led to a fee war among issuers. A similar dynamic could play out for spot Ethereum ETFs, especially as issuers will submit their final S-1 forms today.

![Sapphire](https://static.cryptobriefing.com/wp-content/uploads/2024/03/18060845/600x500.jpg)

Franklin Templeton was the first to disclose its Ethereum ETF management fee. The firm sets a 0.19% sponsor fee for its spot Ethereum ETF. VanEck sets a 0.20% sponsor fee for its spot Ethereum ETF. Meanwhile, Invesco and Galaxy will charge a 0.25% management fee for their spot Ethereum ETF.

21Shares’ current fee for its spot Bitcoin ETF is also 0.21% of net asset value, with the fee being waived for the first $1 billion in assets.

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