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.