Volatility Shares Confirms That It Has Temporarily Shelved the Issuance of Ethereum Futures ETF, and the Time for Re-application Is Yet to Be Determined

According to Foresight News, according to Cointelegraph, Justin Young, co-founder of Volatility Shares, confirmed that the company has canceled its plan to launch an Ethereum futures ETF. He said, "We don't see the opportunity at this point in time." When asked if the company still plans to launch an Ethereum futures ETF later, Young said that it will continue to apply, but the planned application time is subject to re-determination.

Foresight News previously reported that sources said Volatility Shares abandoned its Ethereum futures ETF plan due to losing its first-mover advantage.