Daffy

We’re Adding Ethereum ETFs to Our Investment Options

The Daffy Team

· 2 min read

At Daffy, our mission is to help people be more generous, more often. When we launched Daffy, we were proud to be the first donor-advised fund to let our members contribute and invest in crypto.

With the launch of new publicly traded Ethereum ETFs today, we see even more opportunities to help our members be more generous. As a result, we’ll be adding several Ethereum ETFs to our growing list of investment options next week.

New Ethereum ETFs Coming to Daffy ✨

As part of our ongoing efforts to bring innovative and beneficial features to our members, we are thrilled to announce the addition of four new Ethereum ETFs:

  • Bitwise Ethereum ETF (ETHW) - Starting Fee: 0.00%, Sponsor Fee: 0.20%. The starting fee will be offered until 1/22/25. For more information, visit ethwetf.com.
  • Fidelity Ethereum Fund (FETH) - Starting Fee: 0.00%, Sponsor Fee: 0.25%. The starting fee will be offered until 12/31/24. For more information, visit Fidelity.
  • iShares Ethereum Trust (ETHA) - Starting Fee: 0.12%, Sponsor Fee: 0.25%. The starting fee will be offered until July 22, 2025. For more information, visit iShares.
  • VanEck Ethereum ETF (ETHV) - Starting Fee: 0.00%, Sponsor Fee: 0.20%. The starting fee will be offered until July 22, 2025. For more information, visit VanEck.

We’re proud to be the first major donor-advised fund to integrate the new Ethereum ETFs, offering our members low-cost exposure to this asset class.

At Daffy, we empower our members to be more generous by leveraging technology and innovative investment options. By adding these new Ethereum ETFs, we aim to inspire more people to set aside funds for charity while tapping into the growth potential of the crypto market.

Plus, we always like to remind crypto investors that there are several key benefits to donating crypto:

  • Maximize Your Tax Benefits: If you've held crypto for more than a year and it has appreciated, donating those assets can provide a significant tax deduction based on the full fair market value of the asset.
  • Avoid Capital Gains Taxes: By donating appreciated crypto, you can avoid paying capital gains taxes on the increase in value, making it a highly tax-efficient way to give.
  • Support More Causes: The tax savings from donating crypto can enable you to give more generously to the causes you care about.

Use our free calculator to estimate the potential savings and see how donating crypto compares to cash. Learn more about our current investment options here.