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Ethereum ETFs Struggle in Europe, but See Rising Volumes in Canada
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Despite presumably being an interesting option for traditionally minded investors, trading volumes of European ethereum (ETH)-backed exchange-traded funds (ETFs) have struggled during the second half of this year. In Canada, on the other hand, the trend is moving in the opposite direction, indicating strong North American demand for ethereum ETFs.
As many readers may already know, there are still no ether-backed ETFs listed in the US, although some analysts argued that the first ether futures-backed ETF could be coming soon. For now, however, the alternative for most investors is therefore to look for ETFs and various other exchange-traded instruments listed in Canada or Europe.
A notable difference from the potential US-listed ethereum ETF
Read more on cryptonews.comAbout this in other media
Crypto ‘winter’ slows volume on some of the biggest exchanges livemint.com /2 years ago
Bitcoin, Ethereum Could Benefit If Stocks Drop After Fed Tightening – Strategist cryptonews.com /2 years ago
Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto markets cointelegraph.com /2 years ago
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