Valkyrie Aims to Be First With Ethereum Futures ETF by Amending Existing Bitcoin Futures Fund
Valkyrie is seeking to amend its existing Bitcoin futures ETF to include Ethereum futures contracts, potentially making it the first ETF with ETH futures. While this approach may give Valkyrie a first-mover advantage, industry watchers are skeptical that the SEC will approve it ahead of other filings. The SEC has the discretion to approve ETFs in any order and may not prioritize Valkyrie's proposal.
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Valkyrie Aims to Be First With Ethereum Futures ETF by Amending Existing Bitcoin Futures Fund
Valkyrie is seeking to amend its existing Bitcoin futures ETF to include Ethereum futures contracts, potentially making it the first ETF with ETH futures. While this approach may give Valkyrie a first-mover advantage, industry watchers are skeptical that the SEC will approve it ahead of other filings. The SEC has the discretion to approve ETFs in any order and may not prioritize Valkyrie's proposal.