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The Ethereum ETF is the first of its kind to be listed on a major stock exchange. It is backed by 3iQ with Gemini Custody Services managing the ETF. 
The Toronto Stock Exchange (TSX) on Thursday got its first Ethereum-based ETF. The fund, which made its debut at $10.80 per share, raised $76.5 million in its IPO and holds almost 134,000 ETH. This listing is a step towards bringing digital asset trusts to a new crowd of investors and traders. Canadian digital assets manager 3iQ was given the go-ahead for the fund on 3 December. It saw a volume exceeding $310,000 on its first day, trading 345,331 shares.

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