Tag Archives: Ethereum ETF

The news of the new Valkyrie ETF caused a spike in Ether price.  Asset manager Valkyrie has received approval to convert its Bitcoin futures exchange-traded fund (ETF) to a two two-for-one investment vehicle by combining Bitcoin and Ether futures contracts into one contract. The firm has already started buying Ether futures contracts. In a statement to CoinDesk, a company spokesperson wrote: “Today, the Valkyrie Bitcoin Strategy ETF (Nasdaq: $BTF) began adding exposure to Ether futures...

With the odds of a US government shutdown increasing by the day, the Securities and Exchange Commission (SEC) is reportedly looking to expedite Ethereum Futures exchange-traded funds (ETFs) approvals, according to senior Bloomberg analyst Eric Balchunas. Meanwhile, the SEC remains hesitant to approve spot Bitcoin ETF applications, with the agency recently delaying its decision on a couple of filings. An Ethereum Futures ETF Likely to Launch Soon Eric Balchunas said the SEC...

According to analysts, there are 15 Ether futures ETFs awaiting approval. The United States Securities and Exchange Commission (SEC) has postponed its decision on spot Ether exchange-traded fund (ETF) applications from ARK 21Shares and VanEck. This comes after a September 26 announcement from the regulator saying it had extended the period for deciding on spot Bitcoin ETF applications from ARK 21Shares and Global X. In notices filed on September 27, the SEC said it would extend the...

Grayscale’s decision to file for an Ether futures ETF comes on the heels of a significant legal victory against the US Securities and Exchange Commission (SEC). Renowned crypto asset manager Grayscale Investments recently filed for a new Exchange-Traded Fund (ETF) that will track Ethereum (ETH) futures, as reported by the Wall Street Journal. Grayscale’s Unique Approach In its previous attempt to launch a crypto ETF, Grayscale filed under the Investment Company Act of 1940. This filing,...

Nasdaq, the renowned stock exchange, has officially filed with the Securities and Exchange Commission (SEC) to list an Ethereum ETF in partnership with Brazilian asset manager Hashdex, who expressed interest in holding both spot ether and futures contracts. Nasdaq Partners with Hashdex on ETH ETF Application The partnership will result in the creation of the Hashdex Nasdaq Ethereum ETF, managed and controlled by Toroso Investments. As a registered commodity pool operator with...

While anticipation over a potential Bitcoin (BTC) spot ETF has gripped investors, an Ethereum (ETH) ETF approval may also be waiting in the wings. Bloomberg analysts are now assigning 75% odds of one such product being approved in the United States this year. Ethereum ETF On The Horizon As tweeted by Bloomberg ETF analyst James Seyffart on Friday, the organization’s approval odds are the same as those it assigned for a Bitcoin futures ETF in early September 2021. The very...

CoinspeakerEthereum ETF Frenzy Sweeps SEC Following Bitcoin ETF Hype The rush to launch Ethereum spot ETFs has sparked interest in the crypto community. Ethereum ETF Frenzy Sweeps SEC Following Bitcoin ETF Hype

Switzerland-based investment product issuer – 21Shares – is launching two private funds tailored for US  accredited investors to gain exposure to crypto assets. The products will track top and mid-tiers cryptocurrencies available on US exchanges. Entering the US Market According to the press release by the firm, the two products – 21Shares Crypto Basket 10 Index Fund and 21Shares Crypto Mid-Cap Index Fund – will respectively track the performance of the “Vinter 21Shares...

The Switzerland-based investment product issuer – 21Shares – joined forces with ETF Securities to launch the first two exchange-traded funds in Australia that will provide customers with direct access to cryptocurrencies. Those products will track the performance of BTC, and ETH will go live on April 27. Crypto EFTs Popping out in Australia While the American financial regulators keep rejecting cryptocurrency spot ETF applications by major firms, such products started...

Analysts are claiming that an Ethereum-based futures exchange-traded fund (ETF) could be released as early as the first quarter of next year. The Possibility of an Ethereum ETF? The big news in 2021 is that a bitcoin ETF has finally made it to market. The product was released just a few weeks ago by a company called Pro Shares. It began trading on the New York Stock Exchange (NYSE) and received positive reviews from analysts and traders alike. However, there was one big...