Ethereum’s proposed 3x ETF could reach CME’s futures threshold with just $362 million
At ETHU's Oct. 6 disclosed futures valuation, a 3x Ethereum ETF with $362.1 million in assets would target about $1.09 billion of exposure. If held entirely in standard CME Ether futures, that would equal 8,000 contracts, CME's single-month and all-month accountability level. The SEC approved Cboe BZX's rule change to list Volatility Shares' proposed ETHK […] The post Ethereum’s proposed 3x ETF could reach CME’s futures threshold with just $362 million appeared first on CryptoSlate.
Key Takeaways
- 6 disclosed futures valuation, a 3x Ethereum ETF with $362.1 million in assets would target about $1.09 billion of exposure.
- If held entirely in standard CME Ether futures, that would equal 8,000 contracts, CME's single-month and all-month accountability level.
- The SEC approved Cboe BZX's rule change to list Volatility Shares' proposed ETHK […] The post Ethereum’s proposed 3x ETF could reach CME’s futures threshold with just $362 million appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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