Multiple applications for Ether futures exchange-traded funds (ETFs) are awaiting regulatory approval from the United States Securities and Exchange Commission (SEC), according to sources familiar with the matter. The SEC is expected to approve several applications simultaneously, signaling a change from 2021 when firms were instructed to withdraw similar applications. At least 16 applications for Ether or Bitcoin-Ether futures ETFs are currently pending approval. Valkyrie, an asset management firm, is leading the race with its BTC-ETH ETF, which could debut in early October. The SEC is also considering the approval of a spot Bitcoin ETF, with a final decision expected by January.
