Direxion and ProShares have filed applications with the US Securities and Exchange Commission (SEC) for exchange-traded funds (ETFs) that would hold futures contracts tied to both Bitcoin and Ether. This move comes after various fund groups filed for funds that would exclusively hold Ether futures. These proposals aim to provide investors with exposure to cryptocurrencies through familiar investment vehicles. The SEC’s response to these filings remains uncertain, as they have rejected previous proposals for a spot Bitcoin ETF. The article also mentions that other companies, including Volatility Shares, Grayscale Investments, VanEck, Bitwise, and Roundhill Investments, have filed for ETFs that would hold Ether futures.
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