ChainCatcher news, Fox Business reporter Eleanor Terrett posted on the X platform that the Volatility Shares Leveraged Ethereum ETF (ETHU) has started trading today.Stuart Barton, co-founder of Volatility Shares, stated: "We are excited that the U.S. SEC is beginning to accept cryptocurrencies. Volatility Shares continues to work with the SEC to ensure that this innovative new investment exposure enters the market. Just like our 2x Bitcoin ETF (BITX), ETHU may pave the way for a 1x (Ethereum) spot ETF in the near future."It is reported that Volatility Shares launched the Volatility Shares 2x Bitcoin ETF in June 2023.

ChainCatcher news, according to CoinDesk, the 2x Ether ETF (ETHU) launched by Volatility Shares will become the first leveraged Ethereum ETF in the United States. The company announced on its website that trading will begin on June 4.It is reported that this launch comes about a year after Volatility Shares launched its 2x Bitcoin Strategy ETF in June 2023. The U.S. Bitcoin spot ETF eventually received approval from the U.S. Securities and Exchange Commission (SEC) and began trading approximately seven months later.

ChainCatcher news, according to Cointelegraph, Volatility Shares has withdrawn its application for an Ethereum futures ETF. Volatility Shares co-founder Justin Young stated, "There is no opportunity at this point in time." When asked if the company still plans to launch an Ethereum futures ETF later, Young mentioned that they will continue to apply, but the timing of the application is yet to be determined.

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas tweeted that Volatility Shares announced plans to launch an Ethereum futures ETF on October 12.Previous news, Volatility Shares detailed its proposed "Ethereum Strategy ETF" in a filing submitted to the U.S. Securities and Exchange Commission (SEC) on July 28, which will invest in cash-settled Ethereum futures contracts traded on the Chicago Mercantile Exchange (CME) and will not directly invest in Ethereum.

ChainCatcher news, the exchange-traded fund issuer Volatility Shares plans to launch the Ethereum futures ETF "Ether Strategy ETF," which has currently submitted an application to the U.S. Securities and Exchange Commission (SEC). This ETF will invest in cash-settled Ethereum futures contracts traded on the Chicago Mercantile Exchange (CME) and will not directly invest in Ethereum.

ChainCatcher news, Volatility Shares will launch its 2x Bitcoin Strategy ETF next Tuesday, after its application was not rejected by the U.S. Securities and Exchange Commission (SEC) and became effective this Friday.Volatility Shares Chief Investment Officer Stuart Barton stated in an email that the ETF will begin trading on Tuesday, seeking to provide twice the daily return of the Bitcoin futures index. According to the prospectus, the fund will not directly invest in Bitcoin but will seek to profit from the rise in Bitcoin futures contract prices. (The Block)