Volatility Shares launches the first leveraged Ethereum ETF in the U.S., trading will begin on June 4

ChainCatcher news, according to CoinDesk, the 2x Ether ETF (ETHU) launched by Volatility Shares will become the first leveraged Ethereum ETF in the United States. The company announced on its website that trading will begin on June 4.

It is reported that this launch comes about a year after Volatility Shares launched its 2x Bitcoin Strategy ETF in June 2023. The U.S. Bitcoin spot ETF eventually received approval from the U.S. Securities and Exchange Commission (SEC) and began trading approximately seven months later.