ETFs tied to spot Ethereum price a landmark event for crypto, issuer says

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Exchange-traded-funds designed to track the spot price of Ethereum are now trading on U.S. stock markets in the latest landmark event for cryptocurrency investors.

Katherine Dowling, CCO and general counsel at Bitwise, joins BNN Bloomberg to discuss the impact of U.S. election on Crypto momentum.

Within barely a day of trading, Bloomberg reports the ETFs launched Tuesday have already amassed more than US$10 billion in assets.Political balancing act Dowling said Bitwise does not expect the outcome of the election to have a great impact on how far cryptocurrency can go this year.

 

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