– Investment manager VanEck has released TV commercials for its upcoming Ether (ETH) futures exchange-traded fund (ETF), suggesting that the launch could be sooner than expected.
– Bloomberg ETF analysts believe that the commercials indicate an accelerated approval process for Ether futures ETFs.
– VanEck’s Ethereum Strategy ETF, tickered EFUT, is expected to be listed on the Chicago Board Options Exchange and managed by Greg Krenzer.
– The commercials feature quirky and straightforward messages about the Ethereum ETF, emphasizing its upcoming launch.
– Analysts predict a marketing war among ETF issuers once Ethereum futures ETFs and spot Bitcoin ETFs are approved.
– Valkyrie, another financial services firm, also plans to offer exposure to Ether through its existing Bitcoin Strategy ETF.
– There are currently 15 Ether futures ETFs from nine issuers awaiting approval.