Franklin Templeton has submitted a revised S-1 filing for its Ethereum spot ETF to the U.S. Securities and Exchange Commission (SEC) on Friday, providing a glimpse into the fund's fee structure and operational details. The filing highlights that the ETF will charge customers an annual fee of 0.19%, significantly lower than the rates assessed by its global competitors that are already listed.

This competitive fee structure is expected to make the fund an attractive option for investors seeking exposure to Ethereum, one of the most widely used cryptocurrencies. Furthermore, the fund has pledged to waive all sponsor fees for the first $10 billion in the six months following the listing of the fund, providing an added incentive for investors to participate.

The revised S-1 filing also provides insight into the fund's operational details, including its investment strategy and risk management approach. The fund will aim to track the performance of Ethereum, with a focus on providing investors with a diversified exposure to the cryptocurrency market.

In conclusion, Franklin Templeton's revised S-1 filing for its Ethereum spot ETF reveals a competitive fee structure and a commitment to waiving sponsor fees for the first $10 billion in the six months following the listing of the fund. These features are expected to make the fund an attractive option for investors seeking exposure to Ethereum and the broader cryptocurrency market.