Volatility Shares, VanEck, Grayscale and Extra File For Ethereum Futures ETF
Following the latest functions for Bitcoin spot ETFs, six establishments have submitted functions with the U.S. SEC for exchange-traded funds (ETFs) based mostly on Ethereum futures.
Volatility Shares Ether Technique ETF submitted the preliminary software on July 28. Different companies that submitted functions for ETFs embody Grayscale Ethereum Futures ETF, ProShares Brief Ether Technique ETF, VanEck Ether Technique ETF, Roundhill Ether Technique ETF, and Bitwise Ethereum Technique ETF.
Though roughly 10 functions for ETFs monitoring Ethereum futures contracts have been submitted up to now, the SEC has by no means permitted any of them.
The Ethereum futures ETFs will debut 75 days after the submitting date, with Volatility Shares being the primary on October 12 if the SEC doesn’t reject the functions.
Grayscale has argued that with a view to deal with all candidates equally, the SEC ought to settle for all spot Bitcoin exchange-traded fund (ETF) functions concurrently if it does so in any respect.
