The latest price moves in crypto markets in context for Oct. 3, 2023.
A total of nine of the ETFs offering exposure to ether futures came to market on Monday. Five will hold only ether futures, while four will hold a mix of bitcoin and ether futures. One of those funds, Valkyrie’s Bitcoin Strategy ETF – soon to be renamed – has been in existence for about two years as a bitcoin-only fund, but is changing its strategy to include ether. The rest of the vehicles are new to market.
Grayscale’s Ethereum trust is the largest ether investment product in the world, with almost $5 billion in assets under management. “At Grayscale, our unwavering commitment is to offer investors transparent and regulated access to crypto through product structures that are familiar,” said Grayscale CEO Michael Sonnenshein in a statement.
, according to court filings made just hours before his trial is due to begin. Bankman-Fried, who has pleaded not guilty to multiple counts of fraud after FTX filed for bankruptcy in November, doesn’t want former company insiders testifying about the meaning of supposedly “coded” expressions used as part of an alleged conspiracy to misuse customer funds. While prosecutors at the U.S.
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