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Asset Management Company Kryptoin Filed To The SEC To Launch An Ethereum ETF Trust

Mary Liu

Summary: According to a public document, the asset management company Kryptoin has submitted an application to the Securities and Exchange Commission (SEC) to activate the physical-backed Ethereum Exchange Traded Fund (ETF). Kryptoin Ethereum ETF Trust, the new fund aims to provide exposure to Ethereum by relying on the settlement price of CF Ether-Dollar. If approved, the product ...

According to a public document, the asset management company Kryptoin has submitted an application to the Securities and Exchange Commission (SEC) to activate the physical-backed Ethereum Exchange Traded Fund (ETF).

Kryptoin Ethereum ETF Trust, the new fund aims to provide exposure to Ethereum by relying on the settlement price of CF Ether-Dollar. If approved, the product will be traded on the Cboe BZX Exchange, and the physical Ethereum will be hosted by Gemini Trust Company.

Kryptoin has submitted a Bitcoin ETF application to the SEC in April.

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