Expense ratios for those funds will fall almost entirely in the 0.15% to 0.25% range, although seven of the funds will waive at least part of their fees for initial periods, and the Grayscale Ethereum Trust (ETHE), a conversion from an existing trust, will charge a 2.5% fee ( As always )
Pros: 1) No Complex Self Custody 2) Insurance on your funds 3) Exact exposure to ETh prices 4) Tax Advanatges with IRA and 401K accounts
Cons: 1) No self-custody 2) No Staking income of at least 4.4% per year 3) No Defi income from lending, liquduity provision, etc
LOUIS HO : How is the management fee deducted when using moomoo to buy an ETF? Then when it comes to ETFs, is buying and selling similar to stocks?
Brianjh OP LOUIS HO : Yes, buying and selling is just like your regular US stock.
The management fee is already set into the stock price