Editor's PiCK
US Asset Management Firm Calamos "No Plans to Offer Ethereum (ETH) Products"
JH Kim
Summary
- US asset management firm Calamos stated that there are no plans to offer Ethereum (ETH) products.
- Matt Kaufman of Calamos explained that Ethereum is not liquid and is difficult to hedge investment risks.
- Calamos previously launched three Bitcoin (BTC) downturn hedge ETFs.
On the 25th (local time), according to the cryptocurrency-focused media outlet CoinDesk, Matt Kaufman, the head of ETFs at US asset management firm Calamos Investments, announced that there are no plans to offer Ethereum (ETH) products. He explained, "Ethereum is not a liquid asset, and it cannot be considered effective for hedging investment risks, so it is not currently under consideration for product launch." Previously, Calamos had launched three Bitcoin (BTC) downturn hedge ETFs. 
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
