Cathie Wood’s Ether ETF Pullback Is Likely Due to Fee War

Seyffart also feels that Ark made the decision based on the low fees. “It’s possible that the partnership made a ton of sense, particularly with the without delay for bitcoin ETFs,” he said. “But after the fees got so low right off the bat, there might simply not have been enough lolly from fees to go around for both firms, particularly on an Ethereum ETF if they are expecting less demand versus bitcoin ETFs.”