Several Ethereum futures exchange-traded funds (ETFs) have started trading in the United States for the first time.
Investment firms ProShares, VanEck, Bitwise, Valkyrie, Kelly, and Volshares collectively debuted a total of nine ETFs on the Chicago Board Options Exchange (CBOE) Monday morning.
Proshares launched three funds: the Ether Strategy Fund (EETH), the Bitcoin and Ether Strategy ETF (BETH), and the Bitcoin and Ether Equal Strategy ETF (BETE).
Meanwhile, Bitwise debuted its Bitwise Ethereum Strategy ETF (AETH) and Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP).
VanEck’s Ethereum Strategy ETF (EFUT) kicked off trading Monday, along with Valkyrie’s Bitcoin and Ether Strategy ETF (BTF), and Volshares debuted its Ether Strategy ETF (ETHU). Brazilian fund manager Hashdex also rolled out its Ether Strategy ETF (EX).
But the nine funds got off to a slow start. As of 11:25am ET, they had traded little under $2 million in total, according to Bloomberg Intelligence analyst Eric Bulchunas, who described
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Author: Mathew Di Salvo
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