Browsing:ETF

BlackRock Takes Steps Toward Ethereum Investment with Spot ETF Filing
6 months ago 1 min read

BlackRock Submits Spot Ethereum ETF Filing to SEC

BlackRock, the largest asset manager globally, has officially submitted an application for a spot Ethereum exchange-traded fund (ETF) to the US Securities and Exchange Commission (SEC). The proposed ETF, named iShares Ethereum Trust, aims to track the overall performance of the price of ether, according to the Form S-1 filed by iShares on Wednesday. This filing comes a week after BlackRock registered the iShares Ethereum Trust entity with the Delaware Department of State Division of Corporations. Nasdaq also filed for the proposed ETF shortly afterward, confirming BlackRock’s involvement in developing a spot Ether ETF. For the custody of its proposed

Court's Ruling on Grayscale's Bitcoin ETF Proposal Sparks Market Gains
7 months ago 1 min read

Crypto Market Surges Following Court’s Decision on Grayscale’s Spot Bitcoin ETF

The US Courts have issued a new mandate concerning Grayscale’s proposal for a spot Bitcoin ETF, and this development has had a ripple effect across various markets. Grayscale seeks to convert it into a spot Bitcoin exchange-traded fund (ETF). The legal process started gaining attention on August 29, when courts mandated the U.S. Securities and Exchange Commission (SEC) to review Grayscale’s proposal. This week, a formal mandate was issued, further emphasizing the need for this review. This recent mandate coincides with positive performance across multiple assets. The Grayscale Bitcoin Trust (GBTC), which is at the center of these proceedings, has

VanEck Ethereum ETF Now Trading
8 months ago 1 min read

VanEck’s Ethereum ETF Fund Now Live for Trading

Global investment manager VanEck has announced that the Ethereum Strategy ETF fund, EFUT, is now available for trading. The VanEck Ethereum Strategy ETF (EFUT) aims to achieve capital appreciation by investing in Ethereum futures contracts. This actively managed fund offers exposure to investments linked to Ether through an exchange-traded instrument. It’s important to note that the fund does not directly invest in Ethereum or other digital assets. Effective September 29, 2023, the Ethereum ETF fund is now live for trading, marking a significant milestone in the cryptocurrency industry. In an exciting move, VanEck has committed to supporting Ethereum development by

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