Proshares plans to launch 2x inverse and leveraged Ethereum futures ETF, spot market falls short, futures rise

The U.S. Securities and Exchange Commission (SEC) has approved 9 Ethereum-related futures ETFs in October 2023, including Proshares’ Ethereum Strategy ETF (EETH). It obtains exposure to Ether through investing in the CME Ether Future, a product offered by the Chicago Mercantile Exchange. However, the market response seems lukewarm after its listing, with the current asset size standing at only $72.53 million.