VanEck Embraces Ethereum Futures with New ETF

VanEck is is stepping into the Ethereum blockchain with the
launch of VanEck Ethereum Strategy ETF (EFUT). This ETF, structured as a
C-Corp, is aimed at transforming how investors could benefit from the future of
Ethereum, the company said. Unlike traditional cryptocurrencies, EFUT focuses
on Ethereum (ETH) futures contracts. It offers an investment opportunity that
provides a tax advantage for long-term investors.

EFUT is designed to invest in standardized, cash-settled ETH
futures contracts traded on commodity exchanges registered with the Commodity
Futures Trading Commission (CFTC). Currently, the fund intends to focus on ETH
futures traded on the Chicago Mercantile Exchange.

Kyle DaCruz, the Director of Digital Asset Product at
VanEck, said: “While investors still do not have the means to gain
exposure to digital assets here in the US via a spot ETF product, we’re very
pleased to be launching EFUT as a means to access the robust futures market
that has developed around ETH itself.”

The ETF is actively managed by Greg Krenzer, VanEck’s Head
of Active Trading, who has over two decades of experience in trading across
various asset categories, including futures.

EFUT joins VanEck’s Bitcoin Strategy ETF (XBTF) in offering
futures-focused exposure to digital assets. Just like EFUT, XBTF is structured
as a C-Corp and provides exposure to Bitcoin
Bitcoin

While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that

While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
Read this Term futures investments. According to
VanEck,…