Archives for July 2016

July 2016 - Page 9 of 26 - Money Morning - Only the News You Can Profit From

Bitcoin ETFs Can Work - but This Ethereum ETF Won't

Seeing two Bitcoin ETFs seeking regulatory approval, an upstart group has now filed for something even more radical – an Ethereum ETF.

The evidence suggests the group, the EtherIndex Ether Trust, threw together its S-1 filing with the SEC willy-nilly in an effort to be first in line to file for an Ethereum ETF.

But the problems with this ETF proposal run much deeper than that.

Here's why no Ethereum ETF will see the light of day for a very long time...