VanEck prepares to launch Ethereum Futures ETF

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VanEck prepares to launch Ethereum Futures ETF
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VanEck announced the upcoming launch of the VanEck Ethereum Strategy ETF (EFUT) which will be listed on the CBOE

VanEck is preparing to launch the Ethereum Strategy ETF that focuses on ether futures contracts.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.VanEck announced the upcoming launch of the VanEck Ethereum Strategy ETF .

The actively managed ETF is tailored to capture capital appreciation by investing in ether futures contracts, according to aEFUT won't be investing directly in ETH or other digital assets. Instead, it will invest in standardized, cash-settled ETH futures contracts sourced from commodity exchanges that have the Commodity Futures Trading Commission stamp of approval. As it stands, the only ETH futures the fund intends to invest in are those traded on the Chicago Mercantile Exchange.

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