VanEck Prepares to Launch Ethereum Futures ETF (EFUT)

VanEck Prepares to Launch Ethereum Futures ETF (EFUT)

NEW YORK–(BUSINESS WIRE)–VanEck today announced the upcoming launch of the VanEck Ethereum Strategy ETF (EFUT), an actively managed ETF designed to seek capital appreciation by investing in Ether (ETH) futures contracts. EFUT does not invest in ETH or other digital assets directly.

The Fund will invest in standardized, cash-settled ETH futures contracts traded on commodity exchanges registered with the Commodity Futures Trading Commission (CFTC). Currently, the only ETH futures the Fund intends to invest in are those traded on the Chicago Mercantile Exchange.

EFUT will be listed on CBOE and will be actively managed by Greg Krenzer, Head of Active Trading for VanEck. Mr. Krenzer joined the firm in 1994 and has more than two decades of experience trading in a host of asset categories, including the futures space.

EFUT joins the VanEck Bitcoin Strategy ETF (XBTF) in providing futures-focused exposure to key digital assets. Like XBTF, EFUT is structured as a C-Corp., an approach t

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