Volatility Shares Postpones Launch of Ether Futures ETF Amid Market Changes, Still Plans Future Debut
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Volatility Shares canceled plans to launch an Ether (ETH) futures ETF on Oct. 2, citing changes in the market.
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The company's co-founder said they "didn't see the opportunity at this point in time" but still plan to launch an ETH futures ETF later.
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ETH futures ETFs allow investors to trade ETH futures without holding the cryptocurrency.
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Several other firms like Valkyrie and VanEck have begun trading ETH futures ETFs.
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The SEC was expected to approve the first ETH futures ETF on Oct. 12 but moved the timeline earlier due to government shutdown concerns.