Breaking: SEC All Set to Approve First Ethereum Futures ETF in US
Crypto to Have It’s First Ethereum Futures ETF In October
In a remarkable update today US SEC has signaled that it will allow first crypto futures ETF based on world’s second largest cryptocurrency, Ethereum. As per Bloomberg, it is unlikely that SEC will block the products based on Ether Futures to be released in October. Multiple firms including ProShares, Volatility shares, Bitwise and Roundhill have also applied for Ethereum based ETFs.
This is what the dates look like as far as we're aware for #Ethereum Futures ETFs. Valkyrie should be first ETF with Eth futures on Oct 3 or 4 but will be #Bitcoin & Ethereum. Vol Shares looks to be first pure Eth Futures ETF on ~Oct 12.
(Including past failed launch attempts) https://t.co/DQQYJnVpLp pic.twitter.com/obnwMrYFEC
— James Seyffart (@JSeyff) August 17, 2023
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