Bitcoinist9 minutes ago

Published on September 28, 2023 07:00 GMT+00:00edited on September 28, 2023 07:04 GMT+00:00

The US Securities and Exchange Commission (SEC) is reportedly fast-tracking the launch of Ethereum futures exchange-traded funds (ETFs), with a potential trading debut as early as next week. This comes amid mounting anticipation of a possible US government shutdown.

First Ethereum Futures ETF Could Launch Monday

Bloomberg ETF analyst Eric Balchunas provided significant insight on this development in a tweet: “UPDATE: Hearing the SEC wants to accelerate the launch of Ether futures ETFs (bc they want it off their plate bf shutdown) so they’ve asked the filers to update their docs by Fri pm (no small task to jam into 48hrs, esp for indie issuers), so they can go eff Mon and trade Tue.”

Looking like the SEC is gonna let a bunch #Ethereum futures ETFs go next week potentially …