Volatility Shares: Leveraged Ethereum ETF to be launched on June 4

Volatility Shares announced that the first leveraged Ethereum ETF, Volatility Shares 2x Ether Strategy ETF (ETHU), will begin trading in the United States on June 4. This marks the first leveraged Ethereum ETF in the U.S. market about a year after regulators first approved a leveraged Bitcoin ETF. Stuart Barton, chief investment officer of Volatility Shares, said this success could pave the way for the final approval of a spot Ethereum ETF. Last week, the SEC approved key regulatory documents related to the spot Ethereum fund, but has not yet approved its official launch. Barton pointed out that although the details of the spot ETF are still under discussion with the SEC, the launch of the leveraged Ethereum ETF shows that the SEC's interest in further launching cryptocurrency-related ETFs is increasing.