Amid a flurry of activity in the crypto fund space, the race is now on for the first Ether ETF
The ETF is expected to be the first in the world to invest in Ether
Net sales of mutual funds hit $11.9 billion, while ETFs generated $4 billion in sales
Despite a study that found specialty ETFs generate “negative alpha,” many funds have posted strong returns
The fund will be listed on the Toronto Stock Exchange
The fund is the world’s first to invest directly in physically settled Bitcoin
The new funds have management fees of 0.55% and 0.6%
Canadian investment fund sales and AUM saw a full rebound in 2020
The funds' change in listing venue will occur in March
The new funds are now trading on NEO Exchange