Bloomberg’s opinion piece from one of their crypto analysts, indicates that the US regulator, the Securities and Exchange Commission (SEC), wanted to accelerate the launch of Ether futures ETFs:
- “They want it off their plate before they close.”
This approval could come Friday afternoon (US time) so they can start trading as early as Tuesday next week. According to Bloomberg analysts, 15 Ethereum futures ETFs from nine issuers are currently awaiting approval.
As a reminder, the US government will shut down at 12:01 p.m. on October 1 if Congress does not pass the funding. The risks of shutdown increase:
ETH made a small offer: