News Explorer — SEC Likely to Approve ETFs Based on Ethereum Futures: Bloomberg

SEC Likely to Approve ETFs Based on Ethereum Futures: Bloomberg

The US Securities and Exchange Commission is expected to approve exchange-traded funds (ETFs) based on Ethereum futures, according to Bloomberg, citing unnamed sources. Several companies, including Volatility Shares, Bitwise, Roundhill, and ProShares, have filed to launch these ETFs. While the SEC has been slow in approving ETFs involving derivatives of the second-largest cryptocurrency, speculation suggests that Ethereum futures could be the next approved product.

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SEC Likely to Approve ETFs Based on Ethereum Futures: Bloomberg

The US Securities and Exchange Commission is expected to approve exchange-traded funds (ETFs) based on Ether futures, a… Read Summary

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