Today, crypto exchange Gemini transferred a combined $15 million worth of Bitcoin (BTC) and Ethereum (ETH) to VanEck's exchange-traded funds (ETFs). The transactions were processed over several hours, with the first involving 366 ETH ($965,000) sent to VanEck's ETH spot ETF (ETHV) address. This was followed by a larger transfer of 226 BTC ($14.72 million) to its BTC spot ETF (HODL) address. The movement of these funds suggests that Gemini may be increasing its exposure to VanEck's crypto ETFs, which offer investors exposure to digital assets without the need to hold them directly.

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