21Shares Unveils 21Shares Core Ethereum ETF (CETH) in the US Market

Tuesday, 23 July 2024, 13:30

21Shares US LLC has introduced the 21Shares Core Ethereum ETF (CETH), marking a significant expansion of its cryptocurrency product line. This launch aims to simplify access to crypto assets for investors, reinforcing the growing global interest in cryptocurrencies. CETH will not be registered under the Investment Company Act of 1940, positioning it uniquely in the market. With this initiative, 21Shares continues to support the evolving landscape of digital finance.
Yahoo Finance
21Shares Unveils 21Shares Core Ethereum ETF (CETH) in the US Market

Introduction

21Shares US LLC has made a notable stride in the cryptocurrency market by launching the 21Shares Core Ethereum ETF (CETH). This product aims to make investing in ethereum simpler and more accessible for a wide range of investors.

Product Details

  • Launch Date: July 23, 2024
  • Purpose: To facilitate straightforward investments in crypto assets.
  • Regulatory Status: Not registered under the Investment Company Act of 1940.

Conclusion

The introduction of CETH by 21Shares underscores the company's commitment to expanding opportunities in the exchange-traded fund market, specifically within the realm of cryptocurrency. As digital assets gain traction, initiatives like CETH are crucial for promoting investor participation.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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