Ethereum ETFs Face Lackluster Debut From Small Investors: Is The Hype Fizzlin...
Yesterday’s launch of futures-based Ethereum (ETH) exchange-traded funds (ETFs) delivered underwhelming results, with shallow trading volumes indicating a deficient demand for ETH exposure. Furthermore, a recent report by The Wall Street Journal report by The Wall Street Journal, it was revealed that the launch of the first Ethereum exchange-traded funds on Monday generated little interest from small investors. These ETFs provided individual investors access to the second-largest cryptocurrency through brokerage accounts. However, per the report, most of the futures-based Ether ETFs....
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Canada has been approving crypto exchange-traded funds (ETF) more quickly than the United States and after three successful bitcoin ETFs, the country has approved three ethereum-based ETFs. The three ether ETFs in Canada will debut on Toronto’s stock exchange (TSX) on April 20, 2021. Three Ethereum ETFs Set to Launch in Canada Next Week Back in February, Bitcoin.com News reported on the launch of the first North American bitcoin exchange-traded fund. A few days later, the fund called the “Purpose Bitcoin ETF” captured massive volume with $165 million traded at the time.....
The US Securities and Exchange Commission (SEC) is reportedly fast-tracking the launch of Ethereum futures exchange-traded funds (ETFs), with a potential trading debut as early as next week. This comes amid mounting anticipation of a possible US government shutdown. First Ethereum Futures ETF Could Launch Monday Bloomberg ETF analyst Eric Balchunas provided significant insight on […]
Ethereum ETFs are yet to gain approval from the SEC despite the success of bitcoin ETFs. Bitcoin ETFs have been approved and trading going on for two weeks now. Nevertheless, talk about them continues to dominate the crypto space. Although the hype around the trading of the funds has died down, it hasn’t stopped firms […]
Ethereum futures ETFs, touted as the next big thing in the world of cryptocurrency investments, made their much-anticipated debut on Oct. 2. These exchange-traded funds were designed to track futures contracts linked to the value of Ethereum’s native currency, Ether. However, the initial trading activity suggests that market enthusiasm did not translate into significant investment […]
Apart from Spot Bitcoin ETFs, Ethereum Futures ETFs have been the talk of the crypto industry for months as investors look toward a catalyst for the next bull run. However, data has shown the highly anticipated ETFs have had underwhelming results in trading volume. Although the crypto market has witnessed some gains in the past few days, this hasn’t flowed into Ethereum Futures ETFs as investors seem hesitant to adopt these new Ethereum investment vehicles. How Have Ethereum Futures ETFs Fared So Far? Ethereum futures ETFs provide indirect exposure to the price of ETH through....