FTX Exploiter Transfers 5,000 ETH Ahead of Ether Futures ETF Launch
Some 5,000 ETH, worth over $8.2 million, have been moved from a wallet address associated with the FTX hacker. This development marks
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ETF
VanEck to donate 10% profits from Ether ETF to core developers
Global asset manager VanEck will donate 10% of all profits from its upcoming Ether futures exchange-traded fund (ETF) to Ethereum core developers for ten years, the company announced on X (formerly Twitter) on Sept. 29. The beneficiary will be The Protocol Guild, a group of over 150 developers maintaining Ethereum’s core
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What is Ethereum ETF, and how could VanEck’s launch impact crypto?
The launch of Ethereum futures ETFs heralds cautious optimism in the crypto world. Here is everything you need to know. The U.S. financial markets are buzzing with excitement as, for the first time in the country, an Ethereum (ETH) exchange-traded fund (ETF) stands on the brink of introduction. On September 28, asset
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Invesco Galaxy applies for Ether spot ETF
Asset managers keep pursuing digital asset products, as Invesco and Galaxy Digital allegedly filed for a spot Ethereum (ETH) exchange-traded fund (ETF) on Sept. 29. Bloomberg ETF analyst James Seyffart disclosed the filing on X (formerly Twitter), even though the application hasn’t been uploaded to the SEC’s public database at the
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Valkyrie backtracks on Ether futures contract purchases until ETF launch
Asset management firm Valkyrie has said it will hold out for the United States Securities and Exchange Commission (SEC) to approve an exchange-traded fund, or ETF, with exposure to Ether (ETH) futures rather than making purchases in advance.In a Sept. 29 filing with the SEC, Valkyrie said it will not
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Valkyrie Backs Off Ether Futures Purchases Until SEC ETF Approval Officially Effective
The asset manager Thursday said it had already begun purchasing ether futures contracts. Source
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Valkyrie Receives Permission to Start Buying ETH Futures for Its Bitcoin ETF
The news of the new Valkyrie ETF caused a spike in Ether price. Asset manager Valkyrie has received approval to convert its Bitcoin futures exchange-traded fund (ETF) to a two two-for-one investment vehicle by combining Bitcoin and Ether futures contracts into one contract. The firm has already started buying Ether futures
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Crypto Analysts Remain Bullish SEC Postpones Spot Bitcoin ETF Verdict for BlackRock, Invesco, Bitwise
Eric Balchuna claims that by the end of 2024, there is a 95% chance that a spot Bitcoin ETF will be approved, up from a 75% likelihood this year. The United States Securities and Exchange Commission (SEC) has once again postponed its decision on multiple proposals for spot Bitcoin exchange-traded funds
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VanEck Announces Upcoming Launch of Ethereum Futures ETF (EFUT)
VanEck will not invest in Ethereum directly since the product tracks Ether futures that are traded on the Chicago Mercantile Exchange (CME). A leading asset management firm with more than $80 billion in AUM, VanEck, is preparing to launch an Ethereum futures exchange-traded fund (ETF) amid heightened demand for the second-largest
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Ether Bears Lose $11M as ETF Hopes Lift ETH Prices
There’s a “90% chance” an ether futures ETF will be traded in the first week of October, one analyst said. Original Source
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