Grayscale, the world’s largest digital currency asset manager, is seeking approval from the U.S. Securities and Exchange Commission (SEC) to convert its Ethereum Trust into a spot exchange-traded fund (ETF). This move comes as the company aims to meet the growing demands of investors seeking exposure to cryptocurrencies through traditional financial instruments. Grayscale’s Ethereum Trust, which was launched back in 2017, provides accredited investors with a way to gain exposure to the price movement of Ethereum without having to directly own or manage the cryptocurrency themselves. The trust mainly holds Ethereum, with a small portion of its holdings in cash…
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VanEck, a leading investment management firm, has become the first company to launch an Ethereum futures exchange-traded fund (ETF) structured as a C-Corp. This move marks another significant development in the world of cryptocurrency investments, as Ethereum continues to gain traction as the second-largest cryptocurrency after Bitcoin. The new VanEck Ethereum Futures ETF will provide investors with exposure to the price of Ethereum futures contracts traded on regulated exchanges. This means that investors can gain exposure to Ethereum’s price movements without directly purchasing the cryptocurrency itself, mitigating some of the risks associated with holding cryptocurrencies. The decision to structure the…
In a dramatic turn of events, Bitcoin has surged above the $28,000 mark, while Ether has soared past $1700, resulting in a massive wipeout of over $70 million in short positions. The cryptocurrency market has been on a wild rollercoaster ride lately, but these latest developments have taken the excitement to a whole new level. Bitcoin, the world’s largest cryptocurrency, has been defying all expectations in recent months. Just last week, it broke the $20,000 barrier for the first time in history, sparking a wave of excitement and renewed interest from both institutional and retail investors. The remarkable rally has…
Vitalik Buterin, the co-founder of Ethereum, recently held a discussion about certain changes that are being considered for Ethereum staking. Staking has become a popular concept in the cryptocurrency world, as it allows users to earn passive income by holding their tokens in a designated wallet. Buterin acknowledged the success of Ethereum staking and its potential to attract more users to the platform. He expressed his enthusiasm for the development and mentioned several changes that are being discussed to enhance the staking experience. One of the changes that were highlighted is the implementation of rewards scaling based on the amount…
FTX Exploiter Moves $17M in ETH, Ethereum Futures ETFs Prepare for Debut In a recent incident that has sent shockwaves through the cryptocurrency industry, an exploiter managed to move a whopping $17 million in Ethereum (ETH) from FTX, a leading cryptocurrency exchange. The exploit, which highlights the vulnerabilities in the decentralized finance (DeFi) space, has once again drawn attention to the need for enhanced security measures. On November 2nd, FTX issued an official statement acknowledging the incident and ensuring users that the funds will be reimbursed. The exchange stated that a user, exploiting an issue in the ERC-1155 contract used…
Paramount+ is one of the leading streaming services that offers a wide range of movies and TV shows for its users. One important feature that many viewers rely on is the availability of subtitles. Subtitles not only help those who are hard of hearing but also enhance the experience for those who prefer to watch content in a different language or need additional clarification. In this article, we will discuss how to manage subtitles for Paramount+ on all major devices. 1. On Smartphones and Tablets: – If you are using the Paramount+ app on your smartphone or tablet, open the…
The trading of Ethereum futures exchange-traded funds (ETFs) may start as early as next week, marking an important milestone for the cryptocurrency market. This development comes after the successful introduction of Bitcoin futures ETFs, which have seen significant interest and demand from investors. Ethereum has been gaining popularity as the second-largest cryptocurrency in terms of market capitalization, behind only Bitcoin. Its blockchain technology and decentralized applications have been praised for their potential to revolutionize various industries, including finance, supply chain, and gaming. The introduction of Ethereum futures ETFs is expected to further increase investor participation in the cryptocurrency market. Futures…
In a surprising move, ethereum co-founder Vitalik Buterin recently transferred 400 ETH (Ethereum’s native cryptocurrency) to popular cryptocurrency exchange Coinbase. The transfer, which took place on Monday, has sparked speculation and raised questions about Buterin’s intentions. Buterin’s decision to move a substantial amount of Ethereum to Coinbase has puzzled many, given his prominent role in the cryptocurrency community and his well-known reservations about centralized exchanges. As a co-founder of Ethereum, Buterin has been a vocal advocate for decentralization and has often expressed concerns about the concentration of power that centralized platforms, like Coinbase, can exert over cryptocurrencies. So, what could…
Valorant is a highly competitive online first-person shooter that has taken the gaming world by storm. Developed by Riot Games, the creators of League of Legends, Valorant has quickly attracted millions of players from around the globe who strive to prove their skills in the game’s intense and strategic matches. One of the most intriguing aspects of Valorant is its ranking system, which allows players to gauge their progress and compare themselves to others. Like many other popular competitive games, Valorant uses a tier-based ranking system, where players can climb the ladder by winning matches and earn higher ranks. However,…
DayZ is a popular survival video game that tests players’ abilities to survive in a post-apocalyptic world. One essential skill for surviving in DayZ is knowing how to make a fire. Fires serve multiple purposes, including providing warmth, cooking food, sterilizing water, and keeping predators at bay. In this article, we will guide you through the steps of making a fire in DayZ. Step 1: Gathering Supplies Before you can build a fire, you need to gather the necessary supplies. You will need matches or a lighter, fuel, kindling, and a fireplace kit. Matches and lighters can often be found…
Grayscale Files for New Ether Futures ETF Following Recent Legal Victory Grayscale Investments, the world’s largest digital asset manager, has filed for a new Ethereum (Ether) futures-based exchange-traded fund (ETF) following a recent legal victory. This move marks another breakthrough for the crypto industry, as it continues to gain mainstream acceptance. Grayscale’s application comes after the US Securities and Exchange Commission (SEC) gave its approval for a Bitcoin futures-based ETF earlier this month. The regulatory agency’s decision has paved the way for similar investment products tied to cryptocurrencies. Ether, the second-largest cryptocurrency by market capitalization, has gained significant traction in…
If you’ve recently bought a new Xbox One or you simply have an old Xbox Live account that you no longer use, you might want to remove it from your console to free up space or ensure that your personal information remains secure. Removing an account from an Xbox One is a straightforward process, and in this article, we will guide you through the steps to do so. Before we begin, it is important to note that removing an account from your Xbox One will not delete it permanently. It will only remove it from the console and you can…