ChainCatcher news, according to Cointelegraph, Volatility Shares will launch two Solana (SOL) futures ETFs on March 20, namely the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT).According to documents from the U.S. Securities and Exchange Commission (SEC), the management fee for the Volatility Shares Solana ETF (SOLZ) is 0.95% until June 30, 2026, after which the management fee will increase to 1.15%. The Volatility Shares 2X Solana ETF will offer investors 2x leverage, with a management fee of 1.85%.This application is the first ETF based on Solana in the U.S., following the launch of SOL futures contracts by the Chicago Mercantile Exchange (CME) Group.

ChainCatcher news, according to Coindesk, cryptocurrency asset management company 21Shares plans to liquidate two actively managed exchange-traded funds linked to Bitcoin and Ethereum futures amid a general market downturn: ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). Investors can trade shares before the market closes on March 27, with liquidation expected to occur around March 28.It is reported that this decision was made after $1.66 billion flowed out of the U.S.-listed spot Bitcoin ETFs this month.

ChainCatcher news, according to Globenewswire, 21Shares US LLC announced plans to liquidate two Bitcoin futures and Ethereum futures ETFs, namely the ARK 21Shares Active Bitcoin Ethereum Strategy ETF (Cboe BZX: ARKY) and the ARK 21Shares Active On-Chain Bitcoin Strategy ETF (Cboe BZX: ARKC). Shareholders may sell their holdings in the funds before the end of the trading day on Thursday, March 27, 2025, and such transactions may incur regular brokerage fees. The last trading day for both funds is March 27, 2025. The funds will be liquidated around March 28, 2025. Shareholders who continue to hold fund shares on the liquidation date will receive a liquidation distribution, the value of which equals their proportionate interest in the fund on that date. Shareholders receiving liquidation distributions will typically realize capital gains or losses equivalent to the net asset value of their shares.Additionally, 21Shares stated that this move is based on a routine review of the company's product lineup to ensure it aligns with market dynamics, customer demands, and the mature digital asset landscape. 21Shares and the fund's investment sub-advisor ARK Invest remain loyal partners and look forward to advancing regulated cryptocurrency products in the U.S. market.

ChainCatcher News, the Depository Trust & Clearing Corporation (DTCC) has listed the first Solana futures ETFs issued by Volatility Shares, which are:• $SOLZ (Volatility Shares Solana ETF)• $SOLT (Volatility Shares 2X Solana ETF)

ChainCatcher news, asset management company VanEck announced that it will close its Ethereum futures ETF due to insufficient demand, as the emergence of spot ETFs has dominated the inflow of funds. The reasons for choosing to close the fund "include factors such as performance, liquidity, managed assets, and investor interest."

ChainCatcher news, ETF issuer VanEck announced its plan to close and liquidate its Ethereum futures ETF "EFUT".On September 5, 2024, the board of VanEck ETF Trust approved the liquidation and dissolution of the fund. VanEck stated that it continuously monitors and evaluates its ETF products, considering multiple factors including performance, liquidity, assets under management, and investor interest. This decision was made based on an analysis of these factors and other operational considerations to liquidate the fund.Shareholders of the fund may sell their shares on the fund's listing exchange before the market closes on September 16, 2024 (brokerage transaction fees may apply). After the market closes on September 16, 2024, fund shares will no longer be traded on the listing exchange and will subsequently be delisted. The expected fund liquidation date is around September 23, 2024, at which time shareholders still holding fund shares will receive a cash liquidation distribution equal to the net asset value of their shares in the cash portion of their brokerage accounts.

ChainCatcher news, according to Businesswire, ETF issuer VanEck announced plans to close and liquidate its Ethereum Futures ETF (EFUT). The VanEck ETF Trust Board has approved the liquidation and dissolution of the fund. VanEck stated that it continuously monitors and evaluates its ETF products, considering multiple factors including performance, liquidity, assets under management, and investor interest. This decision was made based on an analysis of these factors and other operational considerations to liquidate the fund.It is reported that shareholders of the fund can sell their shares on the fund's listing exchange before the market closes on September 16, 2024 (potential brokerage trading fees may apply). After the market closes on September 16, 2024, the fund shares will no longer be traded on the listing exchange and will subsequently be delisted. The expected fund liquidation date is around September 23, 2024, at which time shareholders still holding fund shares will receive a cash liquidation distribution equal to the net asset value of their shares in the cash portion of their brokerage accounts.

ChainCatcher news, according to the Hong Kong Economic Journal, in response to the recent push for financial product reform and innovation by Hong Kong's financial regulatory authorities, BOC International Securities has begun asset allocation and is currently actively launching virtual asset futures ETFs.

ChainCatcher news, Li Yilin, Senior Vice President of Sales and Product Strategy at Southern Eastern Asset Management, revealed that the mainstream investment market is increasingly accepting virtual asset-related products. Currently, the asset scale of Southern Eastern's Bitcoin futures ETF has surpassed 1 billion Hong Kong dollars. Additionally, the market is closely anticipating the listing of a spot Ethereum ETF in the United States, which is expected to drive up virtual asset prices. Southern Eastern has observed a continuous inflow of funds into its Bitcoin futures ETF and Ethereum futures ETF.

ChainCatcher news, the 2x leveraged Ethereum ETF (ETHU) launched by Volatility Shares will be listed in the United States today. It is reported that ETHU invests in Ethereum futures and will become the first leveraged Ethereum ETF in the U.S.

ChainCatcher news, according to The Block, the trading volume of Ethereum futures ETF in the U.S. reached $47.75 million on Tuesday, setting a new historical high. This figure is 40% higher than the previous peak of $34.18 million recorded on March 5 when Ethereum approached the $4,000 mark.Data shows that ProShares' Ethereum Strategy ETF (EETH) dominated this category, accounting for 90% of yesterday's trading volume, reaching $43.14 million.

ChainCatcher news, ARK Invest sold 14,663 shares of the ARK 21Shares Active Bitcoin Futures ETF (ARKA) on May 20, at a closing price of $66.8, worth approximately $980,000.

ChainCatcher news, after the launch of a total of 6 Bitcoin and Ethereum spot ETFs in the Hong Kong market at the end of last month, along with the existing 3 futures ETFs, there are currently a total of 9, making it the largest in Asia. Earlier, there were opinions suggesting that spot ETFs, as competing products to futures ETFs, along with lower management fees, might lead to some funds flowing out of futures ETFs; however, based on recent daily trading volume or fund flows, the launch of spot ETFs has not significantly impacted futures ETFs. At the same time, the trading activity of Bitcoin-related ETFs is also significantly better than that of Ethereum-related ETFs.In terms of daily trading volume, according to Bloomberg data, since the launch of spot ETFs over a week ago (from April 30 to May 9), the daily average trading volume of the Southern Eastern Bitcoin Futures ETF (3066) reached HKD 60.71 million, ranking first and accounting for 50% of all virtual asset ETFs; the Huaxia Bitcoin ETF had a daily average trading volume of HKD 18.86 million, ranking second with a share of 16%; the Harvest Bitcoin Spot ETF ranked third with HKD 14.57 million, accounting for 12%. Among Ethereum ETFs, the Bosera HashKey Bitcoin ETF (3008) had the highest daily average trading volume of HKD 8.12 million (accounting for 7%); the Southern Eastern Ethereum Futures ETF (3068) ranked second with HKD 7.82 million (accounting for 6%).In terms of fund flows, recent market fluctuations have not diminished the attractiveness of funds. From May 2 to May 9, the virtual asset ETFs listed in Hong Kong accumulated a total inflow of HKD 254 million, with last Thursday (the 9th) marking a peak in fund inflows for nearly a week, receiving nearly HKD 140 million, among which the Southern Eastern Bitcoin Futures ETF saw a net inflow of HKD 193 million in a single day.Southern Eastern stated that the ETF craze in the first quarter of this year drove Bitcoin to break its historical high, rising over 67%. Although in April, factors such as rising geopolitical risks and the Federal Reserve's failure to meet interest rate cut expectations led to increased market risk aversion and a correction of over 15% in Bitcoin, the four-year "Bitcoin halving" event still provided a positive catalyst for Bitcoin's performance. At the same time, it is also observed that more and more traditional financial participants are joining the virtual asset ecosystem, and related demand is expected to form support. (Sing Tao Daily)

ChainCatcher news, FOX reporter Eleanor Terrett posted on social media that Grayscale has never submitted an S-1 application for its Ethereum futures ETF, so the application is incomplete. Before considering its spot application, the SEC may want to see if a complete futures application will emerge. It also stated that since its launch last year, investor demand for the existing Ethereum futures ETF has been relatively sluggish.Earlier today, news broke that Grayscale submitted a notice to the U.S. SEC on May 7 to withdraw its 19b-4 application for the Ethereum futures ETF, just three weeks away from the SEC being forced to make a decision on its application.

ChainCatcher news, Bloomberg ETF analyst James Seyffart stated on X: "Grayscale has withdrawn their 19b-4 filing for the Ethereum futures ETF. In my view, this (the 19b-4 filing) is essentially a Trojan horse document aimed at creating the same conditions that Grayscale won in the GBTC lawsuit (approving futures, rejecting spot). If they don't want to anger the SEC, withdrawing and resubmitting the document would be less work for the SEC. But at the same time, it also means that neither Grayscale nor anyone else can sue."Previous news, according to Cointelegraph, Grayscale has withdrawn its 19b-4 application for the Ethereum (ETH) futures exchange-traded fund (ETF), just three weeks before the securities regulator was set to make a decision. Grayscale submitted a notice of withdrawal for the Grayscale Ethereum futures ETF to the U.S. Securities and Exchange Commission on May 7.

ChainCatcher news, according to Cointelegraph, Grayscale has withdrawn its 19b-4 application for the Ethereum (ETH) futures exchange-traded fund (ETF), just three weeks before the securities regulator was set to make a decision. Grayscale submitted a notice to withdraw its Ethereum futures ETF to the U.S. Securities and Exchange Commission on May 7.It is reported that Grayscale initially submitted its 19b-4 application for the Ethereum futures ETF on September 19, 2023, with the SEC scheduled to make a final decision on Grayscale's Ethereum futures ETF by May 30.

ChainCatcher news, Brian Roberts, the head of securities product development at the Hong Kong Stock Exchange, stated that following the approval of virtual asset futures ETFs for public offering in Hong Kong by the Securities and Futures Commission on October 31, 2022, three virtual asset futures ETFs investing in Bitcoin and Ethereum futures have been listed on the Hong Kong Stock Exchange. Since their launch, these ETFs have been favored by investors, with active trading and an average daily trading volume increasing from HKD 8.9 million in 2023 to HKD 51.3 million in the first quarter of 2024, while also attracting HKD 529 million in capital inflow. By the end of March 2024, the total market capitalization reached HKD 1.2 billion, a year-on-year increase of 255%.In December 2023, the Hong Kong Securities and Futures Commission announced the allowance for the listing of virtual asset spot ETFs, further enhancing Hong Kong's status as a cryptocurrency hub, making the Hong Kong Stock Exchange the first exchange in Asia to permit the listing of such products. (Hong Kong Economic Journal)

ChainCatcher news, according to an exclusive report by Fox Business reporter Eleanor Terrett, several companies that have applied to the U.S. Securities and Exchange Commission (SEC) for the issuance of Ethereum leveraged futures ETFs have stated that they have had "positive dialogue" with SEC staff regarding their applications, with one company expressing optimism that the SEC will approve these funds based on communications so far.If the SEC does not issue a denial, Volatility Shares' 2x leveraged Ethereum strategy ETF (ticker: ETHU) will become effective on June 4. The company launched its Bitcoin leveraged futures ETF (BITX) last June, six months ahead of the SEC's approval of a spot Bitcoin ETF. According to Forbes, this fund has become the largest holder of Bitcoin futures contracts on the Chicago Mercantile Exchange (CME).If the SEC allows the listing of Ethereum leveraged futures ETFs, it will add another interesting layer to the ongoing rumors of the "SEC considering Ethereum as a security," as they would essentially be doubling down while allowing both Ethereum futures and leveraged Ethereum futures products to exist.

ChainCatcher news, Bloomberg ETF analyst James Seyffart stated on social media that Defiance Investments has submitted an application to the U.S. Securities and Exchange Commission (SEC) to issue a 2x leveraged Ethereum futures exchange-traded fund (ETF), which is planned to be listed under the code $ETHL.In addition, Defiance Investments has recently applied to issue a 2x leveraged ETF that shorts MicroStrategy ($MSTR) stock. According to the application documents, the daily return of this short ETF will be -2 times the return of MicroStrategy's stock price.