Despite presumably being an interesting option for traditionally minded investors, trading volumes of European ethereum (ETH)-backed exchange-traded funds (ETFs) have struggled during the second half of this year. In Canada, on the other hand, the trend is moving in the opposite direction, indicating strong North American demand for ethereum ETFs.
As many readers may already know, there are still no ether-backed ETFs listed in the US, although some analysts argued that the first ether futures-backed ETF could be coming soon. For now, however, the alternative for most investors is therefore to look for ETFs and various other exchange-traded instruments listed in Canada or Europe.
A notable difference from the potential US-listed ethereum ETF
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