{"id":85139,"date":"2023-09-28T19:46:36","date_gmt":"2023-09-28T16:46:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=85139"},"modified":"2025-09-12T21:31:35","modified_gmt":"2025-09-12T18:31:35","slug":"vaneck-to-launch-ethereum-strategy-etf","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/vaneck-to-launch-ethereum-strategy-etf\/","title":{"rendered":"VanEck to Launch Ethereum Strategy ETF"},"content":{"rendered":"<p>Asset-management firm VanEck announced the launch of the Ethereum Strategy ETF, according to a <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230928967258\/en\/VanEck-Prepares-to-Launch-Ethereum-Futures-ETF-EFUT\">press release<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>The actively managed <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a> will be based on cash-settled ether futures, regulated by the <span data-descr=\"U.S. Commodity Futures Trading Commission\" class=\"old_tooltip\">CFTC<\/span>. Currently such instruments are listed only on the Chicago Mercantile Exchange (CME).<\/p>\n<p>The fund will be listed on <span data-descr=\"Chicago Board Options Exchange\" class=\"old_tooltip\">CBOE<\/span> under ticker EFUT, but the exact date is not yet known.<\/p>\n<p>The new instrument is similar to the company&#8217;s other product \u2014 the Bitcoin Strategy ETF (XBTF), <a href=\"https:\/\/u1f987.com\/en\/news\/trading-begins-for-vanecks-bitcoin-futures-etf\">launched<\/a> in November 2021.<\/p>\n<p>In June, VanEck analysts <a href=\"https:\/\/u1f987.com\/en\/news\/vaneck-forecast-ethereum-to-reach-11800-by-2030\">predicted<\/a> that Ethereum would rise to $11,800 by 2030.<\/p>\n<p>Earlier, the U.S. Securities and Exchange Commission (SEC) <a href=\"https:\/\/u1f987.com\/en\/news\/sec-delays-decision-on-ethereum-etf-applications\">delayed<\/a> decisions on requests by 21Shares and VanEck to launch a spot Ethereum ETF.<\/p>\n<p>Senior Bloomberg market analyst Erik Balchunas noted that ether-based futures instruments with a 90% probability are expected to appear in early October. <\/p>\n<p>Analysts at K33 Research expressed confidence that the appearance of an Ethereum-based ETF could push the ETH\/BTC rate higher.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asset-management firm VanEck announced the launch of the Ethereum Strategy ETF.<\/p>\n","protected":false},"author":1,"featured_media":85140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,46,783],"class_list":["post-85139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-ethereum","tag-vaneck"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/85139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=85139"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/85139\/revisions"}],"predecessor-version":[{"id":85141,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/85139\/revisions\/85141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/85140"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=85139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=85139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=85139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}