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Evolve Funds Applies To Launch Ethereum ETF

Evolve Funds has applied to launch an Ethereum-based exchange-traded fund (ETF).

According to the application, the custodian of the new product will be the Cidel Trust Company, and the sub-custodian – Gemini Custody of the Winklevoss brothers. If approved, the ETF will be listed on the Toronto Stock Exchange.

What is Bitcoin ETF?

Earlier, the Ontario Securities Commission issued a permit to Evolve Funds Group to launch a Bitcoin ETF.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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