Bloomberg Analyst: Valkyrie has submitted an application for an Ethereum futures ETF

Sep 19, 2024 06:25:19

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ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas disclosed on social media that Valkyrie has just submitted an Ethereum futures ETF application. The fund will not directly invest in Ethereum but will invest in Ether futures contracts.

In addition, he stated that there are currently 16 valid Ethereum futures ETF applications, among which the resolution date for Valkyrie's Bitcoin Ethereum Strategy ETF (BTF) could be the earliest, on October 3, 2023.

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