Valkyrie, a financial firm, is planning to offer investors a combined Ether and Bitcoin futures product called the Valkyrie Bitcoin and Ether Strategy ETF. This move comes as the Securities and Exchange Commission (SEC) remains uncertain about approving a novel Ether futures ETF on the Nasdaq Stock Exchange. Bloomberg analyst James Seyffart suggests that the rollout of Ether futures ETFs could happen in early October, depending on the potential U.S. government shutdown. Valkyrie aims to stay ahead of regulatory uncertainties and diversify its crypto offerings. The company previously launched a Bitcoin Miners ETF and was among the first to unveil an ETF connected to BTC futures. Despite the SEC’s cautious approach, Valkyrie’s focus on ETH futures demonstrates its determination to provide diverse opportunities for U.S. investors in the crypto market.
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