EconomyProposed 3x Ethereum ETF could hit CME futures threshold with $362 million
Based on ETHU’s futures valuation disclosed on Oct. 6, the proposed 3x Ethereum ETF ETHK would target about $1.09 billion of exposure with $362.1 million in assets, equal to 8,000 standard CME Ether futures contracts. The SEC approved a rule change for the listing, but ETHK’s first trading date is pending. Because Volatility Shares manages both funds, it remains unclear whether CME would aggregate their positions.
Proposed 3x Ethereum ETF could hit CME futures threshold with $362 million
Economy