Leveraged Ether ETF to Start Trading June 4, Sponsor Volatility Shares Says
Summary
The Volatility Shares 2x Ether Strategy ETF (ETHU) is set to become the first leveraged ether (ETH) ETF in the United States, with trading starting on June 4. This follows the launch of the Volatility Shares 2x Bitcoin fund in June 2023. The company's Chief Investment Officer, Stuart Barton, believes that the approval of the leveraged ether ETF could lead to the approval of spot ether ETFs. The SEC has approved key regulatory filings for the spot funds but has not yet authorized their launch.
