Investment Firm Kelly Files for Ether Futures ETF


The Kelly Ethereum Ether Strategy ETF is an actively-managed fund that will invest in cash-settled Ether futures contracts traded on registered commodity exchanges. The value of futures contracts is tied to the underlying reference asset, which is ether in this case. “Cash-settled” means that if the futures contract expires with ether’s value above the futures contract price, the purchaser pays the seller the difference in cash.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like