CryptoSlate

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 [ ]

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