This site (120btC.coM): Volatility Shares, a digital asset management company, announced that its listing application for "Ethereum 2x Leveraged ETF (ETHU)" has been approved by the U.S. Securities and Exchange Commission ( SEC) approved, becoming the first Ethereum leveraged ETF in the United States, and will be open for trading as soon as June 4.
Volatility Shares launched the "Bitcoin Futures 2x Leveraged ETF (BITX)" a year ago. Now the Ethereum Leveraged ETF has been approved again. Stuart Barton, the company's chief investment officer, pointed out in an interview that this may Helping pave the way for final approval of an Ethereum spot ETF.
Stuart Barton added: While the SEC is still finalizing the details of the Ethereum spot ETF with issuers, the green light for the Ethereum leveraged ETF is enough to show that the SEC’s tolerance for the launch of more cryptocurrency-related ETFs is changing. rise.
The U.S. SEC preliminarily approved the applications of three stock exchanges to list Ethereum spot ETFs last week, but since the registration statements submitted by ETF issuers are still under review, they have not yet been released for listing.
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