VanEck’s head of digital asset research said that the firm aims to be a leader even if it loses money 'at the outset.'
Fund manager VanEck plans to initially waive fees for its potential spot Ethereum exchange-traded fund to stay competitive, its executive said on Tuesday.
“The plan is to make it up on volume; in this case, decentralized finance volume,” he said, adding that the company hopes to encourage more investors to “explore the potential role Ethereum can play within their investment portfolio.”
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