ETFs & Mutual Funds
Crypto Enthusiasts Stoked by Bitcoin-ETF Hype Shrug Off Ether-Fund Push
- Eight issuers are looking to offer Ether-futures ETF products
- Ether’s price has been range bound for months at around $1,800
This article is for subscribers only.
Ether-futures ETFs could be coming to the US soon, but the cryptocurrency market doesn’t seem to care.
Eight companies — including Bitwise, Volatility Shares and ProShares — have in recent days filed applications for exchange-traded funds based on futures for the second-largest digital token, according to a Bloomberg Intelligence tally. Some of the filings even propose to list more exotic versions of the product, such as Bitcoin-Ether-futures medleys.