After Volatility Shares kicked off the $ETH futures ETF race on July 28, five other entities have filed applications with the SECGov. By amitoj.
Historically, the SEC has never approved any ETF applications tracking Ethereum futures contracts and nearly 10 have been filed previously, a person familiar with the process told CoinDesk.
If the SEC doesn't deny the applications, the Ether ETFs will launch 75 days from the filing date and Volatility Shares would be the first on Oct. 12, with the others to follow. The excitement in the crypto market around crypto-related ETFs was triggered after a wave of applications for spot-bitcoin ETFs came into focus, particularly after BlackRock first filed on June 15 and thenARK 21Shares Bitcoin ETF is first in the queue among the others including
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