Europe and Canada Lead the Charge in Ethereum ETF Market

Europe and Canada Lead the Charge in Ethereum ETF Market



As U.S. authorities consider the approval of Ethereum-based Exchange-Traded Funds (ETFs) for spot trading, Europe and Canada are already ahead with a robust presence in the market for both spot and futures Ethereum (ETH) investment products. According to a study by Coingecko, Europe leads the charge in the global Ethereum ETF marketplace, commanding an 81.4% share. The region hosts 13 ETFs that are backed by Ethereum, divided between spot and futures investments, with a collective $4.6 billion in assets under management (AUM).



Canada marks its presence as a significant player in the Ethereum ETF sector, holding a 16.6% market share with $949 million in AUM. For numerous Canadian investors, ETFs serve as a primary entry point into the realm of cryptocurrency. Following the introduction of stringent regulations on cryptocurrency


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#Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #ETF, #Ethereum, #EthereumETF, #News, #Regulations

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