Ether definition

Ether means the native Cryptocurrency of the Ethereum application platform trading under the symbol “ETH”.
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Ether means a digital asset that is the native cryptocurrency of the Ethereum network and serves as a unit of account, allowing for peer-to-peer transactions and incentivizing network participants.
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Ether. (in lowercase form) means ether, a type of virtual currency based on an open source cryptographic protocol existing on the Ethereum Network as determined by the Sponsor in accordance with Section 6.2, and the assets underlying the Trust’s Shares.
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Examples of Ether in a sentence

  • The Sponsor or its delegate shall calculate and publish the Trust’s Ether Holdings each Exchange Trading Day as of 4:00 pm Eastern Time, or as soon thereafter as practicable.

  • None of the Sponsor, its delegates or the Ether Custodian shall be liable for the suspension or rejection of any Redemption Order.

  • In addition, if a successor or alternative to the Ether Custodian shall be employed, the Trust and the Sponsor shall establish procedures acceptable to such successor with respect to the matters addressed in this Article III.

  • Once the Sponsor determines that the Shares have been received in the Trust’s DTC account, the Sponsor authorizes the Ether Custodian to transfer the redemption ether amount from the Trust’s Ether Custodian account to the Ether Counterparty for conversion to cash to be distributed to the Authorized Participant upon settlement.

  • Notwithstanding any of the foregoing, the Ether Custodian may accept delivery of ether by such other means as the Sponsor, from time to time, may determine to be acceptable for the Trust.


More Definitions of Ether

Ether means Ethereum, a type of virtual currency based on an open source cryptographic protocol existing on the Ethereum Network as determined by the Sponsor in accordance with Section 6.2(m), and the assets underlying the Trust’s Shares.
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Ether means the Ethereum Blockchain utility token that may be used to purchase computational resources to run decentralized applications or perform actions on the Ethereum Blockchain.
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Ether or “ETH” means a type of Virtual Asset based on an open-source cryptographic protocol existing on the Ethereum Network.
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Ether means digital currency ether (the native unit of account) within the Ethereum Network. “Ether Fund” means Purpose Ether Yield ETF.
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Ether means the native cryptocurrency of the Ethereum blockchain;
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Ether. A digital asset based on the decentralized, open-source protocol of the peer-to-peer Ethereum computer network.
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Ether means the digital currency that is the native unit of account within the Ethereum Network.
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