The
Volatility
Shares
2x
Ether
ETF
(ETHU)
will
become
the
first
leveraged
ether
(ETH)
ETF
available
in
the
United
States,
with
the
company
posting
on
its
website
that
trading
will
begin
on
June
4..
The
launch
will
come
roughly
one
year
after
the
Volatility
Shares
2x
Bitcoin
fund
opened
for
business
in
June
2023.
The
spot
bitcoin
ETFs
finally
won
SEC
approval
and
began
trading
about
seven
months
after
that.
Speaking
with
CoinDesk,
Volatility
Shares
Chief
Investment
Officer
Stuart
Barton
said
his
company’s
success
in
winning
approval
for
the
leveraged
ether
ETF
may
help
pave
the
way
for
ultimate
approval
for
the
spot
ether
ETFs.
The
SEC
last
week
approved
key
regulatory
filings
tied
to
the
spot
funds
but
did
not
yet
green
light
their
launch.
“While
several
details
of
the
spot
ETFs
are
no
doubt
being
presently
worked
out
with
the
SEC,
the
launch
of
a
2x
Ether
ETF
would
certainly
indicate
the
SEC
growing
appetite
for
further
crypto
lined
ETFs,”
Barton
said.