🚨 Just In! 📈 Bloomberg Analyst James Seyffart Hints at VanEck's ETH Futures ETF Release Bloomberg analyst James Seyffart suggests, "It is highly likely that it will be officially released on Sunday (local time)." VanEck has previously announced its plans to launch an Ethereum Futures ETF (EFUT) and has even created a 30-second TV commercial to promote it. The ETF is set to invest in the Chicago Mercantile Exchange (CME) ETH futures contract. 📊📺

**Just In 🚨**: Bloomberg ETF analyst Eric Balchunas has shared insights on the launch of Ethereum futures ETFs. He mentioned, "This is similar to the initial launch of a typical new ETF but is very low compared to the initial launch of the ProShares Bitcoin (BTC) Strategy ETF (BITO)." Balchunas also noted that among Ethereum single futures ETFs that do not include Bitcoin, VanEck's and ProShares' ETFs are competing based on trading volume. #EthereumETF #ETFs #CryptoNews #EthereumFutures

#EthereumFutures

Ethereum

📉 Open interest in Bitcoin futures contracts has decreased by 3.16% in the last 24 hours, now at 427,560 BTC (approximately $19.8 billion), as per Coinglass data. In contrast, open interest in Ethereum futures contracts has risen by 6.63% during the same period, reaching 3.24 million ETH (approximately $6.13 billion). Matrixport suggests that investor interest shifted from BTC to ETH following the fake SEC X post incident. 📊💱 #BitcoinFutures #EthereumFutures #CryptoInterestShift