Breaking: Valkyrie files for Ether futures ETF with the SEC By Cointelegraph
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Asset management firm Valkyrie has filed for an Ether (ETH) futures exchange-traded fund (ETF) with the United States Securities and Exchange Commission. According to Aug. 16 documents, the application is an addition to the company’s previous move to change its investment strategy for a (BTC) futures ETF in line with the regulator.
As per the application, the fund will not directly invest in Ether but will seek to purchase a number of ETH futures contracts. Ether is the native coin of the blockchain, used for peer-to-peer transactions within the decentralized network.
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Asset management firm Valkyrie has filed for an Ether (ETH) futures exchange-traded fund (ETF) with the United States Securities and Exchange Commission. According to Aug. 16 documents, the application is an addition to the company’s previous move to change its investment strategy for a (BTC) futures ETF in line with the regulator.
As per the application, the fund will not directly invest in Ether but will seek to purchase a number of ETH futures contracts. Ether is the native coin of the blockchain, used for peer-to-peer transactions within the decentralized network.
Continue Reading on Coin Telegraph
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