Valkyrie Filled For An Ether ETF

Reading SEC report from yesterday where it says that Valkyrie filled for an Ether Futures ETF.

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Valkyrie’s proposal differs from the norm.

Instead of offering direct investments in Ether, the proposed ETF will invest in Ether futures contracts.

Such a strategy aims to provide investors with exposure to Ether’s price dynamics without the intricacies of holding the actual digital currency.

Source: https://forexnewsfx.com/valkyrie-seeks-sec-approval-for-ether-futures-etf/

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What do you think - is this a big news for Ethereum or another Ether ETF that will probably get rejected?

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