ProShares launches Ether ProFund (ETHFX) in the United States, the first mutual fund based on Ethereum performance
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According to Golden Finance, asset management company ProShares announced the launch of the first mutual fund Ether ProFund (ETHFX), the U.S. mutual fund performance-based Ethereum performance-based mutual fund, previously ProShares also launched the first mutual fund Bitcoin performance-based Bitcoin ProFund (BTCFX), which is currently close to US$500 million. It is reported that ETHFX will invest in Ethereum futures and will not directly invest in ETH.