Crypto-Follow logo Crypto-Follow logo
Ethereum World News 2022-05-14 11:47:44

LUNA, UST Meltdown Forces VanEck and 21Shares to Suspend Trading of 2 Terra ETPs

Summary: The downward spiral by Terra (LUNA) and TerraUSD (UST) has resulted in VanEck and 21Shares suspending the trading of two Terra-based exchange-traded products The two affected products are 21Shares’ Terra ETP (ticker LUNA: SW) and VanEck’s Terra ETN (ticker VLNA: GR) Both companies have stated that they are monitoring the situation with LUNA and UST to determine the next course of action The crypto market meltdown surrounding the depegging of UST to as low as $0.1331 from $1, and the […]

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer