ProShares Files for Equal-Weight Bitcoin and Ether ETF Amidst Surge in Ether Futures Applications đ
ProShares recently filed for an equal-weight Bitcoin and Ether #ETF , adding to the surge of Ether ETF applications submitted to the United States Securities and Exchange Commission (#SEC ).
In less than a week, a total of 11 Ether-based filings have been made for futures ETFs. The proposed #ProShares ETF aims to track the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts.
If approved, the Ether ETFs are set to launch within 75 days from their filing dates, with the first launch scheduled for October 12. This rush of Ether-focused applications follows a wave of major asset management firms seeking to launch spot Bitcoin ETFs in the United States.
