While the decision on the Spot Bitcoin (CRYPTO: BTC) ETFs is extended to Jan. 10, futures-based Ether ETFs are likely to open trade as soon as today. Invesco Galaxy Digital is the latest to join the race by filing for a spot Ether ETF.
What Happened: Asset managing company, Invesco and Galaxy Digital have taken a step ahead in the crypto space with the filing for a spot Ethereum (CRYPTO: ETH) ETF named Invesco Galaxy Ethereum ETF. Meanwhile, there is no official filing on the SEC’s public database, according to a post from Bloomberg ETF analyst James Seyffart via X (formerly Twitter).
OKAY: This looks to be the full list of #Ethereum Futures ETFs that will be given SEC accelerated approval to launch on Monday. Assuming they are all operationally ready to go & assuming no last minute entrants. A potential 9 ETFs with ETH futures trading on Monday pic.twitter.com/eQF6MWL4kP
— James Seyffart (@JSeyff) September 29, 2023