Franklin Templeton Fires First Shot in Ether ETF Fee War with 0.19% Sponsor Fee Disclosure

American multinational investment firm Franklin Templeton has filed an amended S-1 application for its proposed spot Ether exchange-traded fund (ETF) product, becoming the first among the applicants to disclose fees to investors. “The fees of the Sponsor accrues daily at an annualized rate equal to 0.19% of the net asset value of the Fund,” Franklin Templeton stated in a filing with the United States Securities and Exchange Commission on May 31. Bloomberg ETF analyst Eric Balchunas highlighted the significance of this move, stating that “the opening shot in the ETH ETF fee war has been fired from Franklin” in an