MV Index Solutions (MVIS) today announced that at year-end 2021, there are $2.9bn in digital asset products that are attached to licensed MVIS indices, which equates to 5% of the total market share.
VanEck Fires Starting Gun in Race for First U.S. Ether ETF 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.
Claire Ballentine and Vildana Hajric | May 10, 2021
(Bloomberg) VanEck Associates Corp. just kicked off a new push for an ETF tracking the cryptocurrency Ether.
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 Securities and Exchange Commission.
The application comes after three Ether ETFs debuted in Canada last month, the first in North America to carry such an ETF label. The Canadian market is known for beating the U.S. in new ETF concepts, most recently with the launch of the first Bitcoin ETF.
Tether settles with the NYAG and Square buys the dip, sparking rapid recovery for crypto markets
Crypto at a glance
Was that the dip? Just when it looks like you’re going to be able to buy crypto at a huge discount, bam! Yet another corporate giant starts buying and it’s back up we go. Can the recovery now be sustained? Is $50,000 the new bottom for BTC?
After Monday’s drama saw Bitcoin plunge to as low as $45,000, a stream of good news yesterday has since seen the leading cryptocurrency bounce back almost immediately and it’s now stabilised above $50,000 again.
MVIS And CryptoCompare Launch The MVIS CryptoCompare Ethereum VWAP Close Index - Designed To Measure The Performance Of A Digital Asset Portfolio Date
The MVIS CryptoCompare Ethereum VWAP Close Index (ticker: MVETHV) is an index designed to measure the performance of a digital asset portfolio which invests in Ethereum, with a closing value based on an hourly VWAP price. We are pleased to launch one more index with our partner CryptoCompare, said Thomas Kettner, COO at MVIS, The MVETHV is a complement to our successful MVBTCV Index.”
“We are delighted to launch the MVIS CryptoCompare Ethereum VWAP Close Index as investors’ interest moves swiftly towards digital assets, providing them with a robust and transparent benchmark to measure the performance of their Ethereum-based portfolios,” said Quynh Tran-Thanh, Chief Product Officer of CryptoCompare.