Bitwise Asset Management has revised its #Bitcoin (BTC) spot exchange-traded fund (ETF) application and confirmed trading for the 2 Ethereum Futures ETF will begin on October 2.
The company has revealed trading is expected to commence for the Bitwise Ethereum Strategy ETF and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF. Bitwise claims the move will allow investors to access Chicago Mercantile Exchange ETH futures.
The company's chief investment officer Matt Hougan said:
“Ethereum offers broader investment opportunities than Bitcoin. Some investors view Ethereum as an alternative, while others view it as a conventional growth investment, encompassing attributes of both.”
Many companies awaiting approval for spot Bitcoin ETFs have also joined the Ethereum ETF race. Asset management firm Invesco is also exploring the possibility of introducing an Invesco Galaxy #Ethereum ETF.
Bitwise, BlackRock, Invesco and Valkyrie are still awaiting approval from the US Securities and Exchange Commission (SEC) for their spot Bitcoin ETF applications, which has delayed a decision amid The US government is about to shut down.
Additionally, the outcome of the Grayscale lawsuit, which supports the conversion of the Grayscale Bitcoin Trust (GBTC) into a Bitcoin ETF, could influence when the SEC makes a decision on approving Bitcoin applications #ETF delivered immediately. On August 29, a US court cleared the way for approval of Grayscale's Bitcoin spot ETF by overruling the SEC's objection.
Meanwhile, Bloomberg analyst James Seyffart has revealed the full list of 9 Ethereum Futures ETFs expected to be quickly approved by the SEC to launch on October 2, 2023.
https://tapchibitcoin.io/bitwise-thong-bao-ra-mat-ethereum-futures-etf-vao-ngay-2-10.html
