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SEC Plans To Approve Ethereum Futures ETF, Expected To Be Listed by October

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) plans to approve the first Ethereum futures ETF, which is a major victory for several companies that have been seeking to offer such products for a long time. It is reported that the SEC is unlikely to prevent these products from listing.

Multiple companies, including Volatility Shares, Bitwise, Roundhill, and ProShares, have applied to launch Ethereum futures ETFs. It is currently not immediately possible to determine which funds will be approved. An anonymous insider said that officials have hinted that several ETFs may be listed before October.

Ethereum Ethereum $3,067.44
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