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EETH - ETFS 21Shares Ethereum ETF

Dona Ferentes

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EETH - ETFS 21SHARES ETHEREUM ETF​


EETH tracks the performance of the price of ether, which is the native currency of the Ethereum blockchain, in Australian dollars before fees and expenses. It provides holders with a beneficial interest in ether held in cold storage by Coinbase, the world's largest custodian of cryptocurrency. It gives investors a way to trade ether in a tightly regulated environment without the need to establish and maintain their own Ethereum wallets and the risks associated with that.

Ethereum is a blockchain that allows for a special type of function called "smart contracts" thanks to its coding language Solidity. These contracts allow for terms agreed between parties to automatically execute on a blockchain, potentially alleviating some of the need for lawyers. Ethereum has been the driving force between non-fungible tokens (NFTs), which allow ownership of online images and videos. Ethereum is also used to power other blockchain networks, such as Uniswap, Polygon and Chainlink.

Unhedged

Management Fee 1.25%pa
 

Dona Ferentes

NEMO SIBI NASCITVR
Joined
11 January 2016
Posts
8,096
Reactions
9,278
probably the wrong place to drop this. What does it mean and what are the implications ?

The merge. .... For mining, there's a move from 'proof of work' to 'proof of stake '.

 
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