$ETH Excitement for the ETH ETF? The futures market says otherwise

ETH futures reflect pessimism over cryptocurrency regulation and possible delay in spot ETF launch

MARKET ANALYSIS

On May 23, the US Securities and Exchange Commission (SEC) approved several spot Ethereum exchange-traded funds (ETFs), but the actual debut of these instruments in US markets will take longer. time, since the regulator has yet to approve individual S-1 filings from each of the eight funds. Given the uncertainty, the price of Ether 

ETH

€3,501

 has struggled to overcome the $3,900 resistance, and the answer may lie in the Ether futures market.