VanEck, a renowned player in the financial markets, has unveiled its plans to launch the VanEck Ethereum Strategy ETF (EFUT). This actively managed exchange-traded fund is strategically designed to target capital appreciation through investments in Ethereum (ETH) futures contracts. Notably, EFUT will not directly invest in ETH or any other digital assets. The fund's investment strategy revolves around standardized, cash-settled ETH futures contracts. These contracts are actively traded on commodity exchanges that are registered with the Commodity Futures Trading Commission (CFTC). EFUT will be listed for trading on the CBOE and will be under the active management of Greg Krenzer.
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