The risk taking that marked the beginning of the year in the stock market may not have gone away, but rather turned its attention for the time being to a more lucrative venue.
Two of the biggest exchange-traded funds tracking the hundreds of special purpose acquisition companies that popped up over the past year are trading at or near all-time lows.
Any investment offering would be a very small portion of the clients’ total wealth because of the volatility, while options include investing through third party investment vehicles.
If approved, the VanEck Ethereum Trust would hold Ether and value its shares daily based off the MVIS CryptoCompare Ethereum benchmark rate, according to a filing with the SEC.