The price war in Bitcoin exchange-traded funds started not long after the first two products launched. For rival cryptocurrency Ether, it’s beginning before the ETFs even start trading.

Evolve Funds Group Inc. is waiving the 0.75% management fee on its upcoming Ether ETF, ticker ETHR, until May 31, according to a company statement. That will make it cheaper than two competing products from Purpose Investments Inc. and CI Global Asset Management.

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