EETH - ETFS 21Shares Ethereum ETF

[Dona Ferentes]

EETH - ETFS 21SHARES ETHEREUM ETF​

EETH tracks the performance of the price of ether, which is the native currency of the Ethereum blockchain, in Australian dollars before fees and expenses. It provides holders with a beneficial interest in ether held in cold storage by Coinbase, the world's largest custodian of cryptocurrency. It gives investors a way to trade ether in a tightly regulated environment without the need to establish and maintain their own Ethereum wallets and the risks associated with that.

Ethereum is a blockchain that allows for a special type of function called "smart contracts" thanks to its coding language Solidity. These contracts allow for terms agreed between parties to automatically execute on a blockchain, potentially alleviating some of the need for lawyers. Ethereum has been the driving force between non-fungible tokens (NFTs), which allow ownership of online images and videos. Ethereum is also used to power other blockchain networks, such as Uniswap, Polygon and Chainlink.

Unhedged

Management Fee 1.25%pa

 

[Dona Ferentes]

probably the wrong place to drop this. What does it mean and what are the implications ?

The merge. .... For mining, there's a move from 'proof of work' to 'proof of stake '.

Ethereum Upgrade Turning Heads in the Crypto World - ShareCafe

Ethereum founder Vitalik Buterin's new project that plans to cut carbon emissions in the cryptocurrency process by more than 99% is ready to launch in September, and the sector is going ballistic.

www.sharecafe.com.au