Ethereum

United

Bitcoin

Coin

<ul class="news-points"> 
 <li>Valkyrie recently received approval to offer Ethereum futures in its existing ETF.</li> 
 <li>The approval pushed ETH’s price to a three-week high of $1,686.</li> 
 <li>On-chain analytics showed that Ethereum was trending after the launch of Ethereum futures ETF.</li> 
</ul> 
United States-based financial services firm Valkyrie Funds LLC recently received the approval to offer Ethereum futures in its <a href="https://coinedition.com/blackrock-is-launching-yet-another-crypto-exchange-traded-fund/">existing exchange-traded fund (ETF)</a>. Valkyrie’s latest move pushed ETH’s price to a three-week high of $1,686, adding more than $8 billion to the cryptocurrency’s market capitalization. The altcoin’s popularity soared as on-chain <a href="https://twitter.com/santimentfeed/status/1707641324751708286/photo/1" target="_blank" rel="nofollow">analytics</a> from Santiment showed Ethereum trending online.&nbsp; 
Valkyrie began adding Ether futures to its existing Bitcoin futures ETF after the U.S. Securities and Exchange Commission (SEC) gave the green light for the same. The ETF will now be called the Valkyrie Bitcoin and Ether Strategy ETF. The financial services firm’s Chief Investment Officer Steven McClurg stated that the updated ETF would go live on October 2, 2023.&nbsp; 
Valkyrie has become the first firm to offer Ethereum futures in an ETF. This a…
The post <a rel="nofollow" href="https://coinedition.com/eth-reaches-3-week-high-after-valkyrie-includes-ether-futures-in-etf/">ETH Reaches 3-Week High After Valkyrie Includes Ether Futures In ETF</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

ETH Reaches 3-Week High After Valkyrie Includes Ether Futures In ETF

Coin Edition

Other articles published on Sep 29, 2023

SBI Holdings and TradeFinex partner to drive blockchain adoption in Japan

SBI works with UAE’s TradeFinex to set up joint crypto venture in Japan

Microsoft Corp. (MSFT) Stock: MSFT Stock Dips; Good Time To Buy?

Palantir Extends Gains on Back of US Army Deal, Up 15% this Week

AlphaSense, an AI company backed by Google and Goldman Sachs, raises $150M at a $2.5B valuation.

Do Kwon Requests Extradition Denial Amidst SEC Investigation

Join our free newsletter for daily crypto updates!