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Ethereum Enters the ETF Realm: Valkyrie Bids for Ether-Based ETF Approval

Ethereum Enters the ETF Realm: Valkyrie Bids for Ether-Based ETF Approval
The Tennessee-headquartered asset management firm, Valkyrie Investments has filed for an Ethereum Strategy exchange-traded fund (ETF). This move followed the recent resurgence of the cryptocurrency sector and the growing interest from established asset managers in exploring derivative-based products such as the spot Bitcoin ETF.Unlike traditional ETFs that track stocks or commodities, the Ethereum Strategy ETF is designed to invest in Ether futures and a diversified range of collateral assets,... Read More
Posted: Aug 17 2023, 08:16
Author Name: financemagnates
Views: 102759

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