Ethereum, the second-largest cryptocurrency, is currently facing bearish pressure after showing signs of bullish dominance. While October brought positive momentum to major cryptocurrencies like Bitcoin and Ethereum, with both breaking key resistance levels at $28,000 and $1,700, respectively, Ethereum has encountered a recent setback, currently trading at $1,637. The unexpected
Exchange-traded fund (ETF) provider Volatility Shares postponed the debut of their Ether futures ETF on October 2 due to market conditions. After being questioned whether there were still intentions to introduce an ETH futures ETF, company’s co-founder and president, Justin Young said, “Of course,” adding, “plans are TBD.” Futures contracts
Initial trading activity for Ethereum futures exchange-traded funds (ETFs) was much lower than expected. Recent Ether futures exchange-traded funds failed to make a major impression despite being billed as revolutionary products. On its first day of trading, less than $2 million was traded across all nine ETFs. Valkyrie’s BTF futures
Bitcoin, the largest cryptocurrency by market capitalization, has been making significant strides with a remarkable bull run. Over the weekend, it surged from $27,132 to $28,494 before retracing to $27,601. Despite a bearish September, this past week has seen a resurgence of bullish sentiment, resulting in some price volatility. The
The leader in digital asset ETF offerings brings combined Ether futures (“Ether Futures”) and Bitcoin futures (“Bitcoin Futures”) exposure under a single ETF wrapper for U.S. investors NASHVILLE, Tenn.–(BUSINESS WIRE)–Valkyrie Funds, LLC (“Valkyrie”), a leading digital asset investment management company, is excited to announce the first-of-its-kind dual cryptocurrency futures ETF:
Just like a Phoenix, Polker is rising from the ashes. The past eighteen months have been challenging across the blockchain industry, but Polker has displayed resilience during these dark times. Poly Network was hacked in July, and their bridge lost control of over 50 tokens – PKR included. Despite having
NEW YORK–(BUSINESS WIRE)–VanEck is today launching the VanEck Ethereum Strategy ETF (CBOE: EFUT), a unique new actively managed ETF designed to seek capital appreciation by investing in Ether (ETH) futures contracts. EFUT is the only ETF providing focused exposure to ETH futures that is structured as a C-Corp., potentially offering
Bitwise Asset Management has announced that it has amended its spot Bitcoin ETF application and that trading in two ETH futures ETFs will begin on October 2. Bitwise Ethereum Strategy ETF and Bitwise Bitcoin and Ether Equal Weight Strategy ETF will begin trading soon, the company said. Moreover, Bitwise has
Also to launch two groundbreaking ETFs that target the blended performance of bitcoin and ether BETHESDA, Md.–(BUSINESS WIRE)–ProShares, the global leader in crypto-linked ETFs, announces the launch on Monday, October 2, of the ProShares Ether Strategy ETF (EETH), the first ETF to target the performance of the cryptocurrency ether. At
NASHVILLE, Tenn.–(BUSINESS WIRE)–Valkyrie Funds, LLC, (“Valkyrie”) has ceased purchasing and has unwound any Ether futures contracts positions until effectiveness of an amendment to the Valkyrie Bitcoin Strategy ETF’s registration statement contemplating the addition of Ether futures contracts to the principal investment strategy of the Fund. Valkyrie expects that effectiveness will
