In Brief:
- This time, its Ethereum Future, called Ethereum Strategy ETF
- Many applications of Bitcoin ETF already waiting for approval
Global Investment Firm VanEck has filed another application for Ethereum Strategy ETF with SEC, this time for Ethereum Futures Fund.
Now this time, VanEck has filed a future-based Ethereum ETF called the Ethereum Strategy ETF. This follows after the Bitcoin strategy ETF with the SEC.
The SEC filing record : “The Fund is an actively managed exchange-traded (“ETF”) that seeks to achieve its investment objective by investing under normal circumstances, in Ether (“ETF Futures”), as well as pooled investment vehicles and exchange-traded products that provide exposure to ETH( together with ETH Futures, “ETH investment”). The Fund does not invest in ETH or other digital assets directly. “
The U.S SEC got another ETF application, adding to its growing list. VanEck first submitted its first filing for Ethereum ETF to the SEC in May. Moreover, many applications of the Bitcoin ETF are already waiting for approval. None of the SEC applications approved so far, and the SEC has delayed its decision various times.
