Bloomberg Analysts Say Ethereum Futures ETFs Could Start Trading Soon – Here’s When | Headlines | News | CoinMarketCap
09/28/2023 17:11
According to Bloomberg analysts, Ethereum futures ETFs (exchange-traded funds) could start trading for the first time in the United States as early …
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Published on September 28, 2023 10:00 GMT+00:00edited on September 28, 2023 10:04 GMT+00:00
According to Bloomberg analysts, Ethereum futures ETFs (exchange-traded funds) could start trading for the first time in the United States as early as next week. This comes just a few hours after the US Securities and Exchange Commission (SEC) delayed decisions on Ark Invest and VanEck ETH spot ETF applications.
Why Ethereum Futures ETFs Could Launch Next Week
On September 28, Bloomberg Analyst Eric Balchunas said – via a post on X (formerly Twitter) – he was hearing that the SEC wants to accelerate the launch of Ether futures ETFs. Balchunas stated that the commission wants it “off their plate” before the potential US government shutdown.
The United States government faces a possible partial shutdown at 12:01 a.m. ET on October 1 if Congress fails to pass spending bills …