(Bloomberg) -- Regulators approved the first US exchange-traded funds investing directly in Ether, the world’s second-largest cryptocurrency, according to...
-- Regulators approved the first US exchange-traded funds investing directly in Ether, the world’s second-largest cryptocurrency, according to filings and statements from asset managers.A Brief History of Kamala Harris and Her Politics21Shares AG, Bitwise Asset Management Inc. , BlackRock Inc., Invesco Ltd. , Franklin Templeton , Fidelity Investments and VanEck were among the issuers to receive US Securities and Exchange Commission assent, the documents indicated Monday.
“Our view is the actual demand may be lower, potentially ranging between $3.2 billion and $4 billion,” the company wrote in a report.The Bitcoin ETFs benefited from a controversial narrative that pitches the market-leading token as digital gold, a spin that Ether lacks. The Ether funds also won’t offer so-called staking rewards for blockchain maintenance, a return that can be harnessed by owning the token directly.
In late June, VanEck and 21Shares submitted filings for a product investing in Solana, the fifth-biggest cryptocurrency by market value, another attempt by ETF issuers to ride demand for digital assets.Airbnb Hosts Want Guests to Come to Them Directly -- Delta Air Lines Inc. expects to cancel more flights this week as the carrier tries to recover from a crippling technology outage.
Warren Buffett once said there are 'two kinds of items people buy' to grow wealth — but only one 'really is investing'Cathie Wood Bought $12 Million in CrowdStrike Stock After Tech Meltdown
Digital Assets Fidelity Investments Bitwise Asset Management Inc. Invesco Ltd. US Securities And Exchange Commission Franklin Templeton The SEC The Ether Exchange-Traded Funds
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