๐ Ether futures-based ETFs make a slow start, but Grayscale files for a spot Ethereum ETF! ๐ฐ
On their first day of trading, futures-based ether ETFs had a slow start, with VanEck's Ethereum Strategy ETF (EFUT) trading just shy of 25,000 shares at around $17 per share. ๐ However, Grayscale Investments has filed for approval to convert its Grayscale Ethereum Trust (ETHE) to a spot Ethereum ETF! ๐ With almost $5 billion in assets under management, ETHE is the largest ether investment product in the world. ๐
What do you think about the future of Ethereum ETFs? ๐ค Let us know in the comments! โฌ๏ธ
On their first day of trading, futures-based ether ETFs had a slow start, with VanEck's Ethereum Strategy ETF (EFUT) trading just shy of 25,000 shares at around $17 per share. ๐ However, Grayscale Investments has filed for approval to convert its Grayscale Ethereum Trust (ETHE) to a spot Ethereum ETF! ๐ With almost $5 billion in assets under management, ETHE is the largest ether investment product in the world. ๐
What do you think about the future of Ethereum ETFs? ๐ค Let us know in the comments! โฌ๏ธ