The first Ethereum futures ETF (exchange-traded fund) is likely to be approved on October 2, according to crypto hedge funder Hal Press. The North Roc
The Valkyrie Bitcoin Strategy and Ether Strategy ETFs are awaiting approval from the Securities & Exchange Commission , with a deadline of October 3, 2023. Press believes this could be the first Ethereum Futures ETF to win the SEC’s approval.futures ETF in October 2021 had fueled bullish sentiment among market participants and acted as a catalyst for BTC’s price rally to a peak of $66,900.
Crypto investment giant Grayscale is the latest to file for an Ethereum futures ETF with the SEC. Earlier this week on September 19, Grayscale proposed listing and trading shares of the Grayscale Ethereum Futures Trust ETF under the New YorkAn approval of the Ethereum futures ETF could open the floodgates to similar investment products and usher in a bullish sentiment among ETH holders and traders.
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