Valkyrie has filed for an ether futures Exchange Traded Fund (ETF) called the Valkyrie Ethereum Strategy ETF. This filing indicates that Valkyrie will invest indirectly in standardized, cash-settled futures contracts on ether traded on the Chicago Mercantile Exchange. This comes after other fund issuers have recently announced ether futures products. The filing is in addition to the 497. Volatility Shares has also announced its launch for an Ether Strategy ETF, pending SEC approval.
AI Sentiment: Positive
