Valkyrie Backs Off Ether Futures Purchases Until SEC ETF Approval Officially Effective
The asset manager Thursday said it had already begun purchasing ether futures contracts.
The asset manager Thursday said it had already begun purchasing ether futures contracts.
The latest price moves in crypto markets in context for Sept. 29, 2023.
The fund’s new strategy to combine ether and bitcoin will be effective formally on Oct. 3.
VanEck Ethereum Strategy ETF (EFUT) will invest in ETH futures contracts traded on commodity exchanges registered with the CFTC.