Fund management companies Bitwise and ProShares have submitted the updated version of their Bitcoin (BTC) and Ethereum (ETH) futures exchange-traded fund (ETF) to the regulator.
Bloomberg ETF analyst James SeyffartBitwise Bitcoin And Ethereum investing equally in futures For ETF has filed an updated prospectus with the U.S. Securities and Exchange Commission (SEC). stated. In addition, another investment firm, ProShares, offers futures Bitcoin And Ethereum ETFHe submitted an application which will be processed as . Both applications are pending week approval Waiting.
Moreover ProShares‘of EETH just in the name futures Ethereum ETF There is also a separate application that offers this opportunity. If the ETF application submitted by Bitwise is approved, it will be available on stock exchanges. BTOP It will be processed with the code. ProShares’ ETF is BETH It will be processed with the code.
In the past period, VanEck only used Bitcoin futures transactions. ETF application by transforming both Bitcoin as well as Ethereum A new investment that invests with equal shares in particular ETF had presented. investment firm 29 September submitted the final version of the application to the regulatory body.
On the other hand, those who applied for Ethereum futures ETF Other companies also filed updated filings with the SEC. Delivered. Analyst Seyffart says nearly all ETF applications Monday, October 2 It is waiting for the process to start by receiving approval on .
Seyffart has previously said that the US government has warned the SEC against such a possible shutdown. Approving ETF applications has been accelerated He stated that futures Ethereum ETFs would be approved as soon as possible.
Future Ethereum ETF applications October bear first during the week Expectations that it may be approved also affect the Ethereum price. the last 3 days in increasing by 6% made investors happy. With the rise in the past day “Shorts” worth $15 million The position had been liquidated.
