Reddit Posts
Mentions
BitWise Ethereum Strategy ETF (AETH), 0.85% Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP), 0.85% ProShares Ether Strategy ETF (EETH), 0.95% ProShares Bitcoin & Ether Equal Weight Strategy ETF (BETE), 0.95% Bitcoin & Ether Market Cap Weight Strategy ETF (BETH), 0.95% VanEck Ethereum Strategy ETF (EFUT), 0.66%
Bitwise announced that the trading of the Bitwise Ethereum Strategy ETF (AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP) will begin on October 2nd
tldr; Bitwise is set to launch two Ethereum-themed ETFs, the Bitwise Ethereum Strategy ETF (AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP), which will allow investors to gain exposure to CME Ether futures. The trading of these ETFs will begin on October 2nd. The Bitwise Ethereum Strategy ETF focuses on front-month contracts of regulated CME Ether futures, while the Bitwise Bitcoin and Ether Equal Weight Strategy ETF provides equal exposure to regulated CME Bitcoin Futures and CME Ether Futures. The custodian for both funds is the Bank of New York Mellon. Bitwise's move follows the filing of amended registration statements for both ETFs with the SEC. Other asset managers, including Valkyrie Investments and VanEck, are also expected to launch Ethereum futures products. However, the SEC has postponed the processing of applications for spot Ethereum ETFs while expediting futures ETFs approvals. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.