The breed of exchange-traded fund targeting niche investment ideas from sports betting to artificial intelligence is on pace for its first month of outflows in more than a year.
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.
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.