News with the tag "vaneck"

The Chicago Board Options Exchange (CBOE) has filed a proposed rule change (Form 19b-4) with the SEC to list the VanEck ETH staking ETF, marking a significant step toward potential SEC approval and institutional adoption of Ethereum.

Ethereum's long-term value is gaining traction due to its lower inflation rate, staking benefits, and expansive utility, positioning it as a strong contender against Bitcoin in the crypto store of value debate.

Vanguard, despite its historical skepticism towards Bitcoin, has become the largest shareholder of Strategy Inc. (MicroStrategy), a company heavily invested in Bitcoin, with a $9 billion stake.

VanEck's research highlights excessive equity-based executive pay in Bitcoin mining companies, sparking shareholder discontent due to disparities with other sectors and volatile market conditions.