TechFlow news, asset management company VanEck has tweeted that its Ethereum futures ETF "EFUT" is now open for trading.
Reportedly, "EFUT" is an actively managed ETF that does not directly invest in ETH or other digital assets. Instead, it will invest in standardized, cash-settled ETH futures contracts traded on commodity exchanges registered with the Commodity Futures Trading Commission (CFTC).
VanEck emphasized that it has no influence or decision-making authority over ETF options, and does not sponsor, write, influence, or control the option contracts listed on its ETF. Options trading is subject to the rules and regulations of the options exchanges.
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