Ether ETFs

Definition ∞ Ether ETFs are exchange-traded funds that provide investors with exposure to the price movements of Ether, Ethereum’s native cryptocurrency, without requiring direct ownership of the digital asset. These investment vehicles trade on traditional stock exchanges, offering a regulated and accessible avenue for institutional and retail investors. They typically hold Ether or Ether futures contracts as their underlying assets. The structure aims to simplify investment in the cryptocurrency.
Context ∞ The approval and launch of Ether ETFs represent a significant milestone for the mainstream acceptance of digital assets within conventional financial markets. Regulatory decisions regarding these products are closely watched, as they influence institutional participation and public perception of cryptocurrency as a legitimate asset class.