Vaneck Reveals Plans to Shut Down Ethereum Futures ETF

On September 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy (EFUT) exchange-traded fund. The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024 to sell their shares before they are removed. According to Vaneck, the Ethereum Futures ETF will withdraw (…)