{"id":52254,"date":"2021-11-03T12:17:57","date_gmt":"2021-11-03T10:17:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52254"},"modified":"2025-09-03T09:21:39","modified_gmt":"2025-09-03T06:21:39","slug":"ethereum-futures-etf-likely-to-arrive-in-the-united-states-before-a-spot-bitcoin-fund","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-futures-etf-likely-to-arrive-in-the-united-states-before-a-spot-bitcoin-fund\/","title":{"rendered":"Ethereum futures ETF likely to arrive in the United States before a spot Bitcoin fund"},"content":{"rendered":"

The U.S. Securities and Exchange Commission is more likely to approve ETF<\/span> based on Ethereum futures than grant permission to launch an exchange-traded fund that directly holds Bitcoin. The view was expressed by Bloomberg Intelligence analyst James Seyffart.<\/p>\n

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“Most market participants agree that a spot Bitcoin ETF would be better than existing futures, but SEC approval could be delayed until the end of 2022 and even later,” the expert said.<\/p>\n<\/blockquote>\n

In his assessment, an Ethereum futures ETF could receive a regulator’s ‘green light’ as early as the first quarter of next year.<\/p>\n

The emergence of such an investment product would not be surprising, said Sam Bankman-Fried, founder and CEO of the crypto exchange FTX.<\/p>\n

In October the SEC approved a bitcoin futures ETF. The pioneer was ProShares Bitcoin Strategy<\/a>, whose shares began trading<\/a> on the New York Stock Exchange on October 19.<\/p>\n

Three days later the market saw<\/a> a similar investment product from Valkyrie Investments. The fund’s securities are trading on Nasdaq.<\/p>\n

Meanwhile the company awaits the regulator’s decision on its application to launch a spot Bitcoin ETF. Valkyrie’s prospectus was filed with the SEC in January 2021<\/a>. In November the Commission once again<\/a> extended the timeline for its review \u2014 now until January next year<\/a>.<\/p>\n

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“While a spot Bitcoin ETF may be possible in 2022, SEC approval could take longer due to concerns about regulating the underlying cryptocurrency market,” Seyffart said.<\/p>\n<\/blockquote>\n

Analysts at Arcane Research also were skeptical<\/a> about the chances of launching such a product in the near term.<\/p>\n

Subscribe to ForkLog news on Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The U.S. Securities and Exchange Commission is more likely to approve an Ethereum futures ETF than to permit a spot Bitcoin ETF, according to Bloomberg Intelligence analyst James Seyffart.<\/p>\n","protected":false},"author":1,"featured_media":52255,"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":[1138,1211,26],"class_list":["post-52254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-opinions","tag-stock-market","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52254","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=52254"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52254\/revisions"}],"predecessor-version":[{"id":52256,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52254\/revisions\/52256"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/52255"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}