VanEck: Spot ETFs have taken a dominant position, will close its Ethereum futures ETF
Asset management company VanEck announced that due to insufficient demand, the company will close its Ethereum futures ETF as spot ETFs have taken a dominant position in capital inflows. The reasons for choosing to close this fund "include performance, liquidity, managed assets and investor interest" among other factors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Morgan Stanley Strategist: 'Missed Fear' Expected to Push S&P 500 to 6,100 by Year-End
Phi Protocol, an on-chain identity system, has closed a new strategic seed round of funding
Musk lawyer: $1 million daily grant is a paycheck, not a lottery ticket