Valkyrie Investments has won the race to offer the first exchange-traded fund featuring ethereum futures, a key development in the mainstreaming of digital assets in the U.S., FOX Business has learned.
The Nashville-based asset manager is the first of nine issuers to win approval from the Securities and Exchange Commission to give investors the opportunity to bet on the future price of the world’s second-largest digital asset through a so-called ETF. Ether is the native token of the ethereum blockchain, and at the time of publication is worth around $1,650
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