US SEC Nod Ethereum Futures ETF Before Government Shutdown
Ethereum US SEC Nod Ethereum Futures ETF Before Government Shutdown 2 minuto ang nakalipas Balita ng Ethereum ng Bitcoin Ahead of the potential US government shutdown, the U.S. Securities and Exchange Commission (SEC) is reportedly accelerating the launch of the Exchange-Traded Funds (ETF). If things go as planned, the Valkyrie Bitcoin and Ether ETF could be launched by next week, according to Bloomberg analysts. Gayundin Basahin: Ang Bitcoin ETF Application ni Franklin Templeton ay Nakakuha ng SEC Nod Valkyrie Bitcoin and Ether ETF Launch Earlier, Bloomberg analysts Eric Balchunas and James Seyffart reported that the Ethereum Futures ETFs have a 90% chance of launching in October 2023. They also hinulaang that Valkyrie Bitcoin futures ETF ($BTF) is set to become the first to hold Ethereum exposure on October 3, 2023. Earlier, CoinGape reported that Valkyrie submitted a Form 497 with a plan to convert BTF into a dual Bitcoin and Ether Exchange-Traded Fund. In a latest, analyst Balchunas naglalagay that in the context of the potential US government shutdown, the US SEC wants to accelerate the launch of the Ethereum futures ETFs. This could be a move targeted at finishing the job before a vast majority of the SEC staff become unavailable if the shutdown kicks in. “Hearing the