The U.S. Securities and Exchange Commission (SEC) recently approved the listing application for a Bitcoin futures ETF. Although further approval is still required from the Office of the Comptroller of the Currency (OCC) and the Commodity Futures Trading Commission (CFTC), many analysts are already excited about the huge potential of the digital asset derivatives market. The director of asset management company VanEck pointed out that even just the Bitcoin market, with its largest market capitalization, has the potential to be 279 times that of traditional finance. However, Ethereum has not been as smooth. The SEC’s data indicates that they will delay the listing application for Ethereum futures ETF until November.
Ethereum Spot ETF Options Miss Regulatory Hurdle SEC Delays Application to November