Ethereum futures exchange-traded funds (ETFs) could soon be available for trading in the United States. According to Bloomberg analysts, the Securities and Exchange Commission (SEC) is likely to approve the launch of Ethereum futures ETFs as early as next week. Eric Balchunas, an ETF analyst, said that the SEC wants to “accelerate the launch of Ether futures ETFs” before the government shutdown on October 1. There are currently 15 Ethereum futures ETFs from nine issuers awaiting approval. Valkyrie’s Bitcoin futures product (BTF) is expected to become the first to hold Ethereum exposure on October 3. The analysts believe that pure Ethereum futures ETFs will start trading the following week. However, they do not expect all of them to launch.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | North America |
| Countries | 🇺🇸 |
| Sentiment | neutral |
| Relevance Score | 10 |
| People | Eric Balchunas, James Seyffart |
| Companies | ProShares, Bloomberg Intelligence, Valkyrie, SEC, Volatility Shares |
| Currencies | Ethereum, Bitcoin |
| Securities | None |
