MultiversX Tracker is Live!

Senior ETF analyst at Bloomberg confirms 6 companies are currently filing Ethereum ETFs.

All Cryptocurrencies

by COINS NEWS 108 Views

The companies that filed for an Ethereum etf include Volatility Shares, Bitwise, Roundhill, VanEck, Proshares, and Grayscale. This is not a spot ETF filing, but a derivatives/futures one.

The proposed ETF would give investors exposure to digital assets through tracking the cryptocurrency’s futures contracts.While the SEC has allowed bitcoin futures ETFs, the regulatory body has not approved any ETF applications that track ether futures contracts. According to CFTC head Ethereum, which is the second biggest cryptocurrency after bitcoin, is a commodity.

So following in BTCs footsteps and having that one being passed, the likelihood of an ETH futures eth passing is pretty high imo.

Source: https://twitter.com/EricBalchunas/status/1686510111123030016?t=SA9kCkzrTSyryrftaMVCwA&s=19

submitted by /u/Nutcase420
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments