The asset manager Thursday said it had already begun purchasing ether futures contracts.
, the $77.8 billion asset manager also said it would unwind any ether futures purchases it had already made. it had begun adding ether futures exposure to the BTF after gaining SEC approval.tweeted that the unwinding of ether futures purchases from Valkyrie is an example of the SEC not wanting to be a “kingmaker via their policies and will do whatever they can to prevent someone from launching on their own like BITO [ProShares Bitcoin Strategy ETF] in 2021.
Notwithstanding Valkyrie’s actions, it does appear that a number of ether futures ETFs will begin trading in the U.S. on Monday, with
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