Valkyrie Investment wins race to offer first ETH futures ETF

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Valkyries Investments is the pioneer company to offer an Ethereum (ETH) futures first exchange-traded fund (ETF). It beats nine other issuers after se

In a statement to FOX Business, Valkyrie's Chief Investment Officer Steven McClurg said:

With this, an ETF expert with Bloomberg Intelligence says “Valkyrie Fund’s ticker is BTF and it will begin holding a small percentage of ETH futures tomorrow . Will switch to 50% ETH and 50% BTC next week. Other ETH futures ETFs will launch next week likely Monday. Unsure of who or how many at this point.”

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in AU

Australia Australia Latest News, Australia Australia Headlines