Bloomberg ETF analyst, Eric Baltunas, tweets a high chance of approval for seven ETH futures ETF products applied by six institutions, expected to be released on Oct 16th. James Seyffart, Bloomberg analyst, adds the SEC could face lawsuits if they don't approve ETH futures ETFs after approving BTC ones. However, Nate Geraci, CEO of ETF Store, advises caution, despite the changing market atmosphere.

#ether #etf #sec #crypto #cryptonews