UPDATE: VanEck has officially filed an S-1 for its Ethereum spot exchange-traded fund (ETF).

VanEck, an investment management company, has filed an official form called S-1 with the US Securities and Exchange Commission (SEC). This form of exchange-traded fund (ETF) is directly linked to the spot price of Ethereum instead of futures contracts. If this request is approved, the fund will allow investors to easily invest in this digital currency without having to directly purchase Ethereum.

#ETHETFsApproved #etherreum