VanEck Donating 10% of Ethereum Futures ETF Profits to Core Developers a 'No-Brainer,' Exec Says

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VanEck Donating 10% of Ethereum Futures ETF Profits to Core Developers a 'No-Brainer,' Exec Says
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VanEck, the $77.8 billion asset under management firm, is preparing to roll out its Ethereum futures exchange-traded fund (ETF) as the race for ether (ETH) futures fund heats up. VanEck head of digital assets product Kyle DaCruz shares insights into the fund, competitive advantages and plans to donate 10% of profits from its EFUT ETF to Ethereum core developers for at least 10 years.

VanEck, the $77.8 billion asset under management firm, is preparing to roll out its Ethereum futures exchange-traded fund as the race for ether futures fund heats up.

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