VanEck has decided to close and liquidate its Ethereum Strategy ETF (EFUT), which is listed on the CBOE. The ETF will cease trading on September 16 and liquidation is expected around September 23. Shareholders will receive a cash distribution based on the net asset value of their holdings. The decision was based on factors such as performance, liquidity, assets under management, and investor interest. The approval of a spot Ethereum exchange-traded product may have influenced the decision. VanEck previously liquidated its Bitcoin Strategy ETF in January.



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