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<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/news/crypto-news-volatility-shares-targets-historic-ether-futures-etf-launch-on-october-12/">Crypto News: Volatility Shares Targets Historic Ether Futures ETF Launch on October 12</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Volatility Shares is preparing to make history with the launch of the Ether Strategy ETF (Ticker: ETHU) on October 12, 2023. <a href="https://www.sec.gov/Archives/edgar/data/1884021/000138713123009033/ethu-485apos_072823.htm" rel="noopener noreferrer nofollow">Pending approval</a> from the US Securities and Exchange Commission (SEC), ETHU will become the first ETF in the United States to offer Ether-linked exposure to institutional clients.</p> 
<p>Bloomberg’s senior ETF strategist, Eric Balchunas, broke the news via Twitter, drawing attention to the groundbreaking development.</p> 
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   <p lang="en" dir="ltr">VolatilityShares announcing they intend to list their Ether Futures ETF on Oct 12th (which would be a day or two ahead of the rest of pack (if the 75 days is adhered to).. they did same thing w <a href="https://twitter.com/search?q=%24BITX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BITX</a> <a href="https://t.co/hhFtk32f4X" rel="noopener noreferrer nofollow">pic.twitter.com/hhFtk32f4X</a></p>— Eric Balchunas (@EricBalchunas) <a href="https://twitter.com/EricBalchunas/status/1691480127924817920?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 15, 2023</a> 
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<h2 id="the-ripple-effect-of-volatility-shares" data-name="the-ripple-effect-of-volatility-shares" class="wp-block-heading"><strong>The Ripple Effect of Volatility Shares</strong></h2> 
<p>CIO of Volatility Shares, Stuart Barton, further underlined the ambitious agenda:</p> 
<blockquote class="wp-block-quote"> 
 <p>“Volatility Shares successfully launched the <a href="https://twitter.com/CoinDesk/status/1687515371996139528" rel="noopener noreferrer nofollow">first 2x Bitcoin-linked ETF</a> (BITX) in July and believes that ETHU is the next logical step before turning our forces to spot markets.”</p> 
</blockquote> 
<p>Considering the company’s success with its Bitcoin-linked ETF, the Ether Strategy ETF’s anticipated launch date may seem aggressive, but it is not without precedent.</p> 
<h2 id="race-for-ether-futures-etfs" data-name="race-for-ether-futures-etfs" class="wp-block-heading"><strong>Race for Ether Futures ETFs</strong></h2> 
<p>Volatility Shares is not alone in the pursuit of the Ether Futures ETF market. Other financial juggernauts, such as Bitwise, VanEck, Roubhill, ProShares, and Grayscale, are vying for a piece of the pie. They, too, have filed applications with the US SEC.</p> 
<p>The rising demand for Ethereum Futures ETFs in the market has even led Bitwise to revise its application for Bitcoin Strategy Optimum Roll ETF into a Bitcoin and Ether Equal Weight Strategy ETF.</p> 
<h2 id="why-is-the-sec-changing-its-tune" data-name="why-is-the-sec-changing-its-tune" class="wp-block-heading"><strong>Why Is The SEC Changing Its Tune?</strong></h2> 
<p>Amid these developments, reports of the <em>SEC’s supposed “readiness” to accept an Ether futures ETF</em> are making waves. Some speculate this change may stem back to Volatility Shares’ surprising listing for a leveraged Bitcoin futures ETF in late June. This is the reason behind the mass application for Ether ETF.&nbsp;</p> 
<p>Bloomberg analysts currently estimate the probability of an Ethereum ETF approval at 75%. In contrast, Balchunas holds a strong belief in a 95% chance of approval for Ether futures.</p> 
<p>The approval and successful launch of ETHU would not only be a victory for Volatility Shares but a landmark moment for the industry, potentially signalling a broader shift in how digital assets are approached by institutional investors.</p>

Crypto News: Volatility Shares Targets Historic Ether Futures ETF Launch on October 12

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