Valkyrie Becomes First to Offer Ethereum Futures ETF After SEC Approval
TL;DR
Asset manager Valkyrie has received approval to convert its existing bitcoin futures ETF into a two-for-one investment vehicle, allowing it to start buying Ether (ETH) futures contracts. This makes Valkyrie the first US ETF to offer exposure to both Ether and Bitcoin futures contracts. The fund's new strategy will be effective on October 3, with the name changing to Valkyrie Bitcoin and Ether Strategy ETF. Meanwhile, VanEck, another asset management firm, has announced its plans to launch an Ethereum futures ETF.
Topics:businesscryptocurrency#bitcoin-etf#cryptocurrency#eth-futures#investment-vehicle#valkyrie#vaneck
- Valkyrie Gets Approval to Start Buying ETH Futures For its Existing Bitcoin ETF CoinDesk
- Ethereum futures ETFs could start trading next week — Bloomberg analyst Cointelegraph
- Valkyrie Investments first to offer ether futures through ETF Fox Business
- VanEck Prepares to Launch Ethereum Futures ETF (EFUT) Business Wire
- Valkyrie Funds to add 'ether' futures in exchange-traded fund after SEC approval Reuters
- View Full Coverage on Google News
Want the full story? Read the original reporting
Read on CoinDesk