Overview
Description
Ether ProFund Investor is an actively managed mutual fund designed to provide investment results that correspond to the performance of ether, the native cryptocurrency of the Ethereum blockchain. Instead of directly holding ether, this fund achieves its objective through managed exposure to ether futures contracts, primarily those listed on the CME. This structure enables investors to access ether’s price movements without the complexities of owning and storing the digital asset itself. Ether ProFund Investor caters to individuals and institutions seeking a regulated, familiar mutual fund format for cryptocurrency exposure, particularly those restricted from or uncomfortable with direct crypto or ETF investments. As part of the crypto-linked fund group, it broadens access to digital asset markets through traditional brokerage and retirement accounts, further integrating digital asset strategies into mainstream financial portfolios.
About
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Instrument type
Mutual fund
Country
United States
MIC code
XNAS