Claim $500Breaking: SEC All Set to Approve First Ethereum Futures ETF in US
As crypto community awaits a spot Bitcoin ETF, US SEC is all set to approve a Ethereum Futures ETF as reported by Bloomberg. The first Ether Futures ETF is expected to list on Oct. 3rd or Oct. 4th by Valkyrie.
Crypto to Have It’s First Ethereum Futures ETF In October
In a remarkable update today US SEC has signaled that it will allow first crypto futures ETF based on world’s second largest cryptocurrency, Ethereum. As per Bloomberg, it is unlikely that SEC will block the products based on Ether Futures to be released in October. Multiple firms including ProShares, Volatility shares, Bitwise and Roundhill have also applied for Ethereum based ETFs.
A Ether Futures ETF will allow investors to gain exposure to ethereum through stock exchanges just like Apple or Tesla stocks. The current marketcap of Ether is $192 Billion which can substantially increase once an futures ETF is approved.
Crypto Market Crash; Ethereum Price Bounces Back
Earlier today, reports of Bitcoin sell-off by SpaceX led to crypto market wide crash with Bitcoin price dropping by more than 10%. Bitcoin price soon recovered and is currently trading at $26,774 while Ethereum price is trading at $1695 after dropping to $1550 for a short time.
As the story builds, Ethereum price is expected to surge and a successful approval of a ETH futures ETF will be extremely bullish.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- BlackRock Hints at a Big Sell-Off As $27B In Crypto Options Expire
- Aave DAO vs Labs: Aave Founder Pledges Clearer Economic Alignment as DAO Rejects Brand Asset Transfer
- Universal Exchange Bitget Partners UNICEF to Equip Youths to Thrive in the Digital Economy
- Will Crypto Market Crash as Over $27B in Bitcoin, ETH, XRP, SOL Options Expire Today?
- Trust Wallet Hack Update: CZ Speaks Out on $7M Loss, Promises Support
- Cardano Price Eyes a 40% Surge as Key DeFi Metrics Soar After Midnight Token Launch
- FUNToken Price Surges After MEXC Lists $FUN/USDC Pair
- Bitcoin Price on Edge as $24B Options Expire on Boxing Day — Is $80K About to Crack?
- Crypto Market Rebounds: Are Bulls Positioning for a Santa Rally?
- XRP, Bitcoin, Ethereum Price Predictions Ahead of Jan 2026 CLARITY Act and US Crypto Reserve Plans
- Pi Network Analysis: Pi Coin Price Surges on Christmas Eve, Can It Hit Year-End Highs?
