Report post

What are ether futures ETFs?

Ether, the native crypto asset of the Ethereum blockchain, is the second largest cryptocurrency by market capitalization, behind bitcoin. Ether futures ETFs, invest in futures contracts with ether being the underlying security, rather than investing directly into ether itself.

What happened to Ethereum futures exchange-traded funds (ETFs)?

Ether futures exchange-traded funds (ETFs) saw a decline in value and limited volume activity on debut Monday. The VanEck Ethereum Strategy ETF ( EFUT) was down 6.6% at 3:30 p.m. Eastern, while Bitwise Ethereum Strategy ETF ( AETH) and ProShares Ether Strategy ETF ( EETH) were trading 4% and 3.7% lower respectively.

Does bitwise & ProShares have a bitcoin & ether ETF?

Bitwise & ProShares have announced ETFs that would include both bitcoin and ether exposure. The Bitwise Ethereum Strategy ETF will only contain ether futures contracts, while the Bitwise Bitcoin and Ether Equal Weight Strategy ETF ( BTOP) will contain a 50-50 split of ether and bitcoin futures contracts.

Is ProShares' Ethereum futures ETF regulated?

Similar to the Bitwise Ethereum Strategy ETF, both Proshares’ Ethereum futures ETF seeks to qualify as regulated investment companies, meaning that the size of the fund’s investment in their corresponding subsidiaries, which will also be based in the Cayman Islands, will not exceed 25% of the total assets at each quarter end of the fiscal year.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts