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Eric Balchunas, a renowned financial analyst, recently expressed skepticism about the potential success of Grayscale’s Ethereum (CRYPTO: ETH) spot ETF due to its high fee structure. What Happened: Grayscale submitted updated S-1 filings with the SEC Wednesday, revealing the all-important information about the fund management fee. The digital asset management giant will charge 2.5% for its Grayscale Ethereum Trust, significantly higher than its competitors. A miniature version of the fund, Grayscale Ethereum Mini Trust, will however charge 0.25%. Balchunas questioned these moves, asking whether…

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