Share this article
Leveraged Ether ETF to Start Trading June 4, Sponsor Volatility Shares Says
It was about one year ago when regulators first approved a leveraged bitcoin ETF.
Updated May 29, 2024, 4:53 p.m. Published May 28, 2024, 8:33 p.m.
The Volatility Shares 2x Ether ETF (ETHU) will become the first leveraged ether ETF available in the United States, with the company posting on its website that trading will begin on June 4..
The launch will come roughly one year after the Volatility Shares 2x Bitcoin fund opened for business in June 2023. The spot bitcoin ETFs finally won SEC approval and began trading about seven months after that.
STORY CONTINUES BELOW
Speaking with CoinDesk, Volatility Shares Chief Investment Officer Stuart Barton said his company's success in winning approval for the leveraged ether ETF may help pave the way for ultimate approval for the spot ether ETFs. The SEC last week approved key regulatory filings tied to the spot funds but did not yet green light their launch.
"While several details of the spot ETFs are no doubt being presently worked out with the SEC, the launch of a 2x Ether ETF would certainly indicate the SEC growing appetite for further crypto lined ETFs," Barton said.
Read More: Ether ETFs Clear Major Hurdle, Though SEC Hasn't Cleared Them for Trading Yet
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
CFTC Gives No-Action Leeway to Polymarket, Gemini, PredictIt, LedgerX Over Data Rules
The CFTC granted the operators of Polymarket, PredictIt, Gemini and LedgerX permission to skip certain recordkeeping requirements.
What to know:
- The Commodity Futures Trading Commission granted several prediction-market firms certain regulatory leeway in meeting derivatives rules, suggesting they won't get into enforcement trouble if they do business as intended.
- The no-action letters went to Polymarket, PredictIt, Gemini and LedgerX/MIAX.
Top Stories
