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VanEck: Spot ETFs have taken a dominant position, will close its Ethereum futures ETF

VanEck: Spot ETFs have taken a dominant position, will close its Ethereum futures ETF

Bitget2024/09/07 01:37

Asset management company VanEck announced that due to insufficient demand, the company will close its Ethereum futures ETF as spot ETFs have taken a dominant position in capital inflows. The reasons for choosing to close this fund "include performance, liquidity, managed assets and investor interest" among other factors.

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