en
Back to the list

Breaking: VanEck To Cease And Liquidate Ethereum ETF Futures Amid Waning Market

source-logo  coingape.com 07 September 2024 02:23, UTC
image

The leading investment management firm, VanEck has disclosed its plans to cease and liquidate its Ethereum ETF Futures (EFUT). This marks a major setback for ETH price, which was already going through a volatile trading phase amid a broader market downturn. The ETF issuer has cited a flurry of reasons like waning market interest, performance woes, and others, as the primary reasons behind the decision.

coingape.com