{"id":48021,"date":"2021-08-20T15:43:07","date_gmt":"2021-08-20T12:43:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=48021"},"modified":"2025-09-02T00:10:58","modified_gmt":"2025-09-01T21:10:58","slug":"vaneck-and-proshares-submit-applications-for-ethereum-futures-based-etfs","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/vaneck-and-proshares-submit-applications-for-ethereum-futures-based-etfs\/","title":{"rendered":"VanEck and ProShares Submit Applications for Ethereum Futures-Based ETFs"},"content":{"rendered":"<p>Asset management firms ProShares and VanEck filed applications with the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> to launch Ethereum futures-based exchange-traded funds <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1174610\/000168386321004524\/f9481d1.htm\">Ether Strategy <span data-descr=\"exchange-traded fund\" class=\"old_tooltip\">ETF<\/span><\/a> and <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1137360\/000113736021000514\/ethereumstrategyetf485afil.htm\">Ethereum Strategy ETF<\/a> respectively.<\/p>\n<p>The filings comply with the Investment Company Act of 1940. According to SEC Chair Gary Gensler, it <a href=\"https:\/\/u1f987.com\/en\/news\/gensler-warns-of-tighter-regulation-for-defi-and-stablecoins\">provides stronger protections<\/a> than the Securities Act of 1933.<\/p>\n<p>Neither vehicle contemplates direct investment in the second-largest cryptocurrency by market capitalization.<\/p>\n<p>In addition to Ethereum futures, ETFs may invest in <a href=\"https:\/\/www.investopedia.com\/terms\/p\/pooledfunds.asp\">pooled funds<\/a> and other exchange-traded products focusing on ETH.<\/p>\n<p>Earlier, Kryptoin Investment Advisors <a href=\"https:\/\/u1f987.com\/en\/news\/kryptoin-files-to-register-ethereum-etf-in-the-united-states\">filed<\/a> a similar Ethereum ETF application.<\/p>\n<p>Earlier, filings for Bitcoin ETFs, in line with SEC recommendations, were submitted by <a href=\"https:\/\/u1f987.com\/en\/news\/valkyrie-investments-files-for-bitcoin-futures-based-etf\">Valkyrie Investments<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/vaneck-files-for-bitcoin-strategy-etf\">VanEck<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/invesco-files-to-launch-bitcoin-etf-expert-surprised-by-the-circumstances\">Invesco<\/a>, <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1174610\/000168386321004445\/f9424d1.htm\">ProShares<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/galaxy-digital-applies-to-launch-a-bitcoin-futures-etf-under-the-1940-act\">Galaxy Digital<\/a>.<\/p>\n<p>Bloomberg analysts expect the SEC will likely <a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-analysts-criticise-sec-stance-on-bitcoin-etf\">approve<\/a> them.<\/p>\n<p>In July, Coinbase experts said the <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-swift-sec-approval-of-bitcoin-etfs-inevitable\">imminent approval of a Bitcoin ETF<\/a> was inevitable.<\/p>\n<p>Subscribe to the ForkLog channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\">YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asset management firms ProShares and VanEck filed applications with the SEC to launch Ethereum futures-based ETFs Ether Strategy ETF and Ethereum Strategy ETF respectively.<\/p>\n","protected":false},"author":1,"featured_media":48022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,128,1211],"class_list":["post-48021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-sec","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"39","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=48021"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48021\/revisions"}],"predecessor-version":[{"id":48023,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48021\/revisions\/48023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/48022"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=48021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=48021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=48021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}