Debut of Ethereum Futures Exchange-Traded Funds Sees Tepid Investor Response

Tepid responses from investors marked the debut of nine freshly minted Ethereum futures exchange-traded funds (ETFs), despite preceding enthusiasm surrounding their launch. The emergence of these financial products on October 2 meant that they were specially crafted to meticulously follow the futures contracts aligned with the value of Ethereums core currency, Ether (ETH). A closer look reveals a subtler breakdown: five of these ETFs strictly adhere to Ether futures, while the remaining four cast a wider net, capturing both Bitcoin (BTC) and ETH futures contracts within their purview. Eric...

source: https://tokenpost.com/Ethereum-ETF-Launches-Receive-Lukewarm-Investor-Reception-Despite-Anticipation-10768

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Published by: Book Club
Source: NewsService