Six financial entities, including Volatility Shares, Bitwise, Roundhill, VanEck, Proshares, and Grayscale, are reportedly seeking approval to offer Ethereum futures exchange-traded funds (ETFs). This discovery was uncovered by James Seyffart, a research analyst within Bloomberg Intelligence.
According to James’ findings, Grayscale, Bitwise, and Roundhill initially filed for Ethereum Strategy ETFs in May 2023. During that month, the U.S. Securities and Exchange Commission (SEC) received other applications from Direxion and Valkyrie Investments.
However, the status updates showed that all filings were “withdrawn for now.”
ETH ETFs Coming Soon?
On July 28, the Ethereum ETF movement resurfaced after Volatility Shares submitted its application to the SEC. The move was quickly followed by the re-filings of Bitwise, Roundhill, and Grayscale, respectively, on August 1. Additionally, two other giants, VanEck and Proshares, joined the race…
