cash-settled, front-month futures contracts, which are contracts with the shortest time to maturity, and may also include back-month, or longer maturity contracts. Both Bitcoin and Ether Futures Contracts are standardized, cash-settled futures contracts traded on the Chicago Mercantile Exchange .When a futures contract is about to expire, the holder, in this case, the ETF, must sell the contract and purchase new ones with a later expiration date, a process known as"rolling".
This brings the total number of Ether futures ETF filings to a full dozen, with a strong indication that the count will continue to rise., ETF analysts James Seyffart and Eric Balchunas have revised the probability of a Bitcoin ETF approval to a promising 65%. A few months prior, the odds were pegged near an almost impossible 1%.
This revised estimate has been influenced by multiple factors, notably including the perceived softening stance of Gary Gensler, chairman of the U.S. Securities and Exchange Commission .
Source: Digital Coin News (digitalcoinnews.net)
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