Crypto Bulls Stoked by Bitcoin-ETF Hype Shrug at Ether-Fund Push

Aug. 17, 2023, 3:51 PM UTC

Ether-futures ETFs could be coming to the US soon, but the cryptocurrency market doesn’t seem to care.

Eight companies — including Bitwise, Volatility Shares and ProShares — have in recent days filed applications for exchange-traded funds based on futures for the second-largest digital token, according to a Bloomberg Intelligence tally. Some of the filings even propose to list more exotic versions of the product, such as Bitcoin-Ether-futures medleys.

On Tuesday, Volatility Shares said it was targeting Oct. 12 as a potential launch date for its Ether Strategy ETF, which would trade under the ticker ETHU. Many ETFs can launch ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.