
VanEck has announced it will close and liquidate its ETH Strategy ETF, listed on the CBOE. The listed ETF..
Author: Sahil Thakur
VanEck has announced it will close and liquidate its Ethereum Strategy ETF, listed on the CBOE. The ETF (ticker symbol ‘EFUT’) will stop trading on Sept. 16, with liquidation expected by Sept. 23. Shareholders still holding EFUT shares at the time of liquidation will receive a cash distribution based on the fund’s net asset value.
Investors may also receive any remaining net income or capital gains before the fund is dissolved. For tax purposes, VanEck will issue a final report detailing capital gains or losses at the end of the year. This move follows the liquidation of VanEck’s Bitcoin Strategy ETF earlier this year, citing similar reasons of performance and low investor interest.
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