Leveraged Ethereum futures ETF to debut on CBOE before spot ETFs launch

The Volatility Shares 2x Ether Strategy ETF (ETHU) volition go the archetypal leveraged Ethereum ETF to commercialized connected the Chicago Board Options Exchange (CBOE) by June 4, according to a disclosure connected its website.

Leveraged trading allows investors to power much important positions than their archetypal deposit, magnifying their vulnerability to terms movements. The level supplier loans the quality betwixt the commercialized worth and the investor’s borderline deposit.

Several Ethereum futures ETFs already beryllium successful the US, including ProShares’ Ether Strategy ETF (EETH), VanEck’s Ethereum Strategy ETF (EFUT), and Bitwise’s Ethereum Strategy ETF (AETH). While these ETFs faced dilatory archetypal adoption, trading volumes surged aft the US Securities and Exchange Commission (SEC) unexpectedly approved 19b-4 filings for 8 spot ETH ETFs past week.

When volition Ethereum ETFs launch?

The anticipated motorboat of the leveraged Ethereum futures ETF has reignited speculation astir erstwhile the precocious approved ETFs would commencement trading.

Nate Geraci, President of ETF Store, said the support of spot Ethereum ETF registration statements could hap wrong weeks or, astatine most, a fewer months. Geraci emphasized that, fixed the groundwork already completed with spot Bitcoin and Ethereum futures ETFs, the motorboat hinges connected the SEC’s decision. He said:

“My anticipation would beryllium adjacent fewer weeks [or] 2-3 months max. [In my opinion], dense lifting [is] already done pursuing spot BTC ETFs & ETH futures ETFs. Just a substance of however agelong SEC wants to drawstring this out.”

Bloomberg ETF expert James Seyffart echoed this sentiment during a caller podcast appearance, pointing retired that determination is nary definitive timeline arsenic the products necessitate S-1 filing approvals, which see indispensable hazard disclosures.

Meanwhile, banking elephantine JPMorgan has predicted that the ETFs would start trading earlier the US November elections.

The station Leveraged Ethereum futures ETF to debut connected CBOE earlier spot ETFs launch appeared archetypal connected CryptoSlate.