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Reading Time: 2 minutes by Wayne Jones on February 26, 2021 Ethereum On 25 February, CI GAM (CI Global Assets Management) heralded the filing of the CI Galaxy Ethereum ETF; furthermore, it received a preliminary prospectus for the same. The First ETH ETF As the company looks forward to the ETF launch, it will stand as the first-ever ETF investing directly on ETH. Also, it has selected Galaxy Digital Capital Management LP as the fund’s subadvisor; the ETF will be traded on the Toronto Stock Exchange (TSE). CI Global Assets Management is a subsidiary of CI Financial, prided as one of the...

Bitcoin Maintains $19,000 Level As Corporate Adoption Keeps Growing Unsplash. This week CryptoCompare data shows the price of Bitcoin (BTC) moved from about $19,200 at the start of the week to a low slightly above $17,500 before recovering back to $19,100 at press time. The cryptocurrency has maintained this level despite a few pullbacks. Ether (ETH), the second-largest cryptocurrency by market capitalization, has similarly remained close to $600, despite enduring several pullbacks to $535, from which it recovered quickly. At press time it’s trading at around $580. Headline...