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Following the First Bitcoin ETF, Ethereum Might be Next
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With this week’s launch of the first bitcoin futures-backed ETF in the US now behind us, the market is already full of speculation about what comes next: An ethereum (ETH) ETF, a spot-based bitcoin ETF, or something else?
According to analysts, ETH should be the next digital asset in line to have an exchange-traded fund (ETF) backed by it. After all, the asset, like bitcoin, is traded on the regulated futures market that is the Chicago Mercantile Exchange (CME), which the US Securities and Exchange Commission (SEC) Chair Gary Gensler has previously hinted is necessary for any crypto-related ETF to be approved.
Further, we also know that the two major ETF providers ProShares and VanEck have previously filed proposals for ethereum-backed ETFs
Read more on cryptonews.comAbout this in other media
Cryptocurrency Prices Today on October 27: Bitcoin, Dogecoin falls, Ethereum slightly up moneycontrol.com /3 years ago
Argentina: First Bitcoin-indexed ETF makes debut this week ambcrypto.com /3 years ago
Law Decoded: Post-ETF policy landscape and Novi fears, Oct. 18–25 cointelegraph.com /3 years ago
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