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Grayscale Pursues Ethereum Spot ETF Amid ETH Futures ETF Boom


Today, Grayscale Investments, a leading digital asset fund manager, submitted a filing to the U.S. Securities and Exchange Commission (SEC), to convert its Ethereum Trust into a spot Ethereum ETF.  The move comes as other financial companies like Vaneck, Bitwise, and Proshares launch Ethereum...

Vaneck Pledges 10% of Ethereum ETF Profits to Fuel ETH Core Development


On September 29, 2023, the asset management firm Vaneck unveiled an initiative to earmark 10% of its profits from its ethereum (ETH) exchange-traded fund (ETF) towards protocol development for at least ten years. This financial infusion will be given to the Protocol Guild, a consortium of over...

Protocol Guild In For Big Pay Day From Ether ETF


VanEck has announced that it will donate 10% of all profits from its upcoming Ethereum (ETH) futures exchange-traded fund (ETF) to the Ethereum core developers for a period of ten years.  The beneficiary of this initiative will be The Protocol Guild, a group comprising more than 150 developers...

Invesco and Galaxy Pursue Spot Ether ETF Application


Invesco and Galaxy Digital aim to introduce a spot Ethereum (ETH) exchange-traded fund (ETF) as more and more asset managers continue to explore digital asset products. In a Friday post on X (formerly Twitter), Bloomberg ETF analyst James Seyffart revealed that the two asset managers have filed...

SEC Delays Decisions on More Bitcoin ETFs Including That of Blackrock


U.S. Securities and Exchange Commission (SEC) has postponed its decisions on the spot bitcoin exchange-traded funds (ETFs) proposed by several companies. The delays of the applications of financial powerhouse Blackrock, asset manager Valkyrie and others come ahead of an expected government shutdown...

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