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
“AETH and BTOP unlock access to the world’s most interesting crypto asset with confidence, through regulated ETFs,” said Bitwise CEO Hunter Horsley. “The two funds continue to expand Bitwise’s leading suite of crypto products, providing investors with a wide set of options for accessing opportunities in the space.” SAN FRANCISCO–(BUSINESS
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
On September 29th, global asset management VanEck made an announcement on Twitter that it will contribute 10% of all profits from its planned Ether futures exchange-traded fund (ETF) to Ethereum core developers for a period of 10 years. The Protocol Guild, a community of more than 150 developers responsible for
VanEck plans to give The Protocol Guild, a group of 152 people working on the fundamental protocol for Ethereum, ten percent of its Ethereum Strategy exchange-traded fund’s profit for at least ten years. VanEck also complimented the Ethereum developers for their tenacity in creating and maintaining this shared infrastructure over
“AETH and BTOP unlock access to the world’s most interesting crypto asset with confidence, through regulated futures ETFs,” said Bitwise CEO Hunter Horsley. “The two funds continue to expand Bitwise’s leading suite of crypto products, providing investors with a wide set of options for accessing opportunities in the space.” SAN
The two prospective ETFs are the Bitwise Ethereum Strategy ETF (ticker: AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (ticker: BTOP). SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, the largest crypto index fund manager in America, today filed Form 8-As for two new Ethereum futures ETFs, AETH and BTOP,
VanEck, a major investment management firm, has announced its plan to create the VanEck Ethereum Strategy Exchange Traded Fund (EFUT), a significant step that reflects the rising acceptability of cryptocurrencies in conventional finance. This follows the company’s prior entrance into the cryptocurrency sector with the launch of its Bitcoin Strategy
NEW YORK–(BUSINESS WIRE)–VanEck today announced the upcoming launch of the VanEck Ethereum Strategy ETF (EFUT), an actively managed ETF designed to seek capital appreciation by investing in Ether (ETH) futures contracts. EFUT does not invest in ETH or other digital assets directly. The Fund will invest in standardized, cash-settled ETH
A massive options liquidation plunge on Ethereum is sending shockwaves across cryptocurrency markets, pulling down the prices of major alternative coins. Over $16 million worth of Ether options positions flooded out in under 24 hours, signaling bears cementing control. The ripple effects of intense selling pressure on Ethereum underscore its
