Benzinga
  • last year
The Franklin Ethereum ETF and the VanEck Ethereum ETF launched this week, despite recent weakness in the cryptocurrency market. The ETFs have seen losses since launching, reflecting the broader sell-off in cryptocurrencies like Ether.
Transcript
00:00It's Benzinga and here's what's on the block.
00:02The Franklin Ethereum ETF and the VanEck Ethereum ETF launched this week despite recent weakness
00:07in the cryptocurrency market.
00:09The ETFs have seen losses since launching reflecting the broader sell-off in cryptocurrencies
00:13like Ether.
00:14However, fund managers expect them to attract significant investor interest long-term.
00:19Ether prices dropped over 11% for the week as of Thursday's close, though the cryptocurrency
00:24is still up over 30% year-to-date.
00:27For all things money, visit Benzinga.com.

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