Ethereum futures ETFs garner lukewarm reception on first day of trading
Day one trading volume across all nine products stood at less than $2 million.
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Day one trading volume across all nine products stood at less than $2 million.
Ether’s price is up today as traders weigh the possibility of an Ethereum futures ETF launching and a weaker than anticipated inflation print.
Bloomberg ETF analyst James Seyffart expects more spot Ethereum ETFs to be filed in the coming days.
Bloomberg Intelligence’s Mike McGlone thinks we may be in for a "global economic reset" that could send Bitcoin down to $10,000.
The co-filing comes just a week after reports emerged that the SEC is likely to greenlight Ethereum ETF applications.
The closing of NFT project Recur comes two years after it was valued at $333 million and had the backing of an Ethereum co-founder, the Winklevoss twins and Gary Vee.
The United States Securities and Exchange Commission isn't likely to block the debut of Ethereum futures ETFs, according to sources.