Ether Trading Fund Registers with the SEC

EtherIndex LLC, a Wilmington, Del.-based corporation, has registered a trust called the EtherIndex Ether Trust with the Securities and Exchange Commission (SEC), marking the first ether-based trading fund. The trust’s purpose is to give shareholders exposure to the daily change in the U.S. dollar price of ether, minus expenses and liabilities, according to its prospectus. Ether […]