Golden Finance News, Volatility Shares recently announced that the first leveraged Ethereum ETF, Volatility Shares 2x Ether Strategy ETF (ETHU), will be listed and traded in the United States on June 4. This is the first leveraged Ethereum ETF in the U.S. market, about a year after regulators first approved the leveraged Bitcoin ETF.
Stuart Barton, chief investment officer of Volatility Shares, said that this success may pave the way for the final approval of the spot Ethereum ETF. It is worth noting that the SEC approved key regulatory documents related to the spot Ethereum fund last week, but has not yet approved its official launch.
Barton further pointed out that although the details of the spot ETF are still under discussion with the SEC, the launch of the leveraged Ethereum ETF shows that the SEC is increasing its interest in further launching cryptocurrency-related ETFs. This undoubtedly brings positive signals to the blockchain market, indicating that more cryptocurrency products are expected to be approved in the future.