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VanEck Set to Debut in the Ethereum Futures ETF Space


by Watcher.Guru
VanEck Set to Debut in the Ethereum Futures ETF Space

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VanEck is expanding its crypto offerings with an Ethereum-focused fund, albeit stopping short of direct exposure. The prominent investment manager filed for an actively managed ETF investing in Ethereum futures contracts on Thursday.

The proposed VanEck Ethereum Strategy ETF (ticker: EFUT) marks the company’s latest attempt to quench investor demand for crypto assets within regulatory bounds. VanEck noted the new fund follows the model of its existing Bitcoin Strategy ETF, which similarly invests in futures tracking the leading cryptocurrency.

Also read: Shiba Inu: SHIB Digital ID All Set For October Debut

VanEck’s EFUT will trade on CBOE

The structured approach allows exposure to Ether’s volatility while avoiding direct cryptocurrency ownership associated with heightened risks. EFUT will trade on CBOE and actively manage futures positions to balance profit potential and downside protection.

VanEck’s global head of active trading, Greg Krenzer, will steer the fund’s complex strategy. The firm hopes EFUT will attract investors interested in Ethereum’s long-term utility, but is wary of its exaggerated swings.

The announcement comes at a time when the Securities and Exchange Commission delayed a ruling on the controversial VanEck Ethereum Trust ETF on Wednesday.

Regulatory barriers remain high for spot cryptocurrency funds, making futures-based versions like EFUT a more viable pathway to launch. 

Read the article at Watcher.Guru

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$ 2.82K

-6.10%

$ 0.000603

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Coins

$ 84.58K

-5.13%

$ 2.82K

-6.10%

$ 0.000603

$ 0.00...735

-5.60%

$ 0.00492


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Crypto Price Prediction Today 29 January – XRP, Bitcoin, Ethereum

Crypto Price Prediction Today 29 January – XRP, Bitcoin, Ethereum

Crypto price prediction today: Bitcoin has fallen to about $89,500 after 7 straight s...
Here’s Why The Bitcoin And Ethereum Prices Are Still Trading Sideways

Here’s Why The Bitcoin And Ethereum Prices Are Still Trading Sideways

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VanEck Set to Debut in the Ethereum Futures ETF Space


by Watcher.Guru
VanEck Set to Debut in the Ethereum Futures ETF Space

Share:

VanEck is expanding its crypto offerings with an Ethereum-focused fund, albeit stopping short of direct exposure. The prominent investment manager filed for an actively managed ETF investing in Ethereum futures contracts on Thursday.

The proposed VanEck Ethereum Strategy ETF (ticker: EFUT) marks the company’s latest attempt to quench investor demand for crypto assets within regulatory bounds. VanEck noted the new fund follows the model of its existing Bitcoin Strategy ETF, which similarly invests in futures tracking the leading cryptocurrency.

Also read: Shiba Inu: SHIB Digital ID All Set For October Debut

VanEck’s EFUT will trade on CBOE

The structured approach allows exposure to Ether’s volatility while avoiding direct cryptocurrency ownership associated with heightened risks. EFUT will trade on CBOE and actively manage futures positions to balance profit potential and downside protection.

VanEck’s global head of active trading, Greg Krenzer, will steer the fund’s complex strategy. The firm hopes EFUT will attract investors interested in Ethereum’s long-term utility, but is wary of its exaggerated swings.

The announcement comes at a time when the Securities and Exchange Commission delayed a ruling on the controversial VanEck Ethereum Trust ETF on Wednesday.

Regulatory barriers remain high for spot cryptocurrency funds, making futures-based versions like EFUT a more viable pathway to launch. 

Read the article at Watcher.Guru

In This News

Coins

$ 84.58K

-5.13%

$ 2.82K

-6.10%

$ 0.000603

$ 0.00...735

-5.60%

$ 0.00492


Share:

In This News

Coins

$ 84.58K

-5.13%

$ 2.82K

-6.10%

$ 0.000603

$ 0.00...735

-5.60%

$ 0.00492


Share:

Read More

Crypto Price Prediction Today 29 January – XRP, Bitcoin, Ethereum

Crypto Price Prediction Today 29 January – XRP, Bitcoin, Ethereum

Crypto price prediction today: Bitcoin has fallen to about $89,500 after 7 straight s...
Here’s Why The Bitcoin And Ethereum Prices Are Still Trading Sideways

Here’s Why The Bitcoin And Ethereum Prices Are Still Trading Sideways

Cryptocurrency markets have shown limited momentum this week, with both Bitcoin and E...