Nomura's Crypto Unit to Launch Higher-yielding Ethereum ETF Alternative
After launching an ETF holding Ethereum cryptocurrency, Nomura Holdings' digital asset department plans to offer a higher-yielding alternative, which includes key components that US issuers may have overlooked to help win regulatory approval. Laser Digital, a subsidiary of Nomura Securities, plans to launch the fund in early September with the support of Galaxy Digital and cryptocurrency start-up Dinero. The fund will be open to so-called qualified investors, such as hedge funds and private investment offices, rather than retail buyers. Laser Digital sees the fund as an alternative to Ethereum ETF, providing institutional investors with the opportunity to access Ethereum's "arbitrage components".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x POWER: Trade to share 4,387,500 POWER
New users get a 100 USDT margin gift—Trade to earn up to 1888 USDT!
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
