What the ETH Futures Approvals Mean for Crypto with Eric Balchunas

<p>Last week was unprecedented, to say the least. Several, yes that’s right, not 1, not 2, but several ETH Futures ETFs launched last week for the first time in the U.S.! </p> <p>What does this mean for crypto? Volumes have been surprisingly low. Is it a surprise? Will volumes pick up? Regardless, of whether they do or don't, what do all of these ETH ETFs mean for crypto? Are Bitcoin ETFs next? </p> <p>We brought on Eric Balchunas to help us answer the above and much more.  is an analyst at Bloomberg Intelligence focused on exchange-traded funds. Eric is an analyst at Bloomberg Intelligence focused on exchange-traded funds. </p> <p>-----<br /> 🏹 Airdrop Hunter is HERE, join your first HUNT today<br /> <a href= "https://bankless.cc/JoinYourFirstHUNT">https://bankless.cc/JoinYourFirstHUNT</a> </p> <p>------<br /> 📣 a16z Startup School | Apply Before Oct. 20th<br /> <a href= "https://bankless.cc/a16z-startup-school">https://bankless.cc/a16z-startup-school</a> </p> <p>------<br /> BANKLESS SPONSOR TOOLS:</p> <p>🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE<br /> <a href= "%E2%81%A0https:/k.xyz/bankless-pod-q2%C2%A0%20%E2%81%A0">⁠https://k.xyz/bankless-pod-q2  ⁠</a></p> <p>🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING<br /> <a href= "%E2%81%A0https:/bankless.cc/MetaMask">⁠https://bankless.cc/MetaMask</a> </p> <p>⚖️ ARBITRUM | SCALING ETHEREUM<br /> <a href= "%E2%81%A0https:/bankless.cc/Arbitrum%C2%A0%20%E2%81%A0">⁠https://bankless.cc/Arbitrum  ⁠ </a></p> <p>🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION<br /> <a href= "https://bankless.cc/Toku">https://bankless.cc/Toku</a> </p> <p>🦄UNISWAP | ON-CHAIN MARKETPLACE<br /> <a href= "%E2%81%A0https:/bankless.cc/uniswap">⁠https://bankless.cc/uniswap </a></p> <p>🔗 CELO | CEL2 COMING SOON<br /> <a href= "https://bankless.cc/Celo">https://bankless.cc/Celo</a> </p> <p>------<br /> TIMESTAMPS</p> <p>0:00 Intro<br /> 7:12 Why ETF Week Was Unprecedented <br /> 11:15 Magnitude of Many Launches <br /> 16:40 Futures Less Than Spot? <br /> 18:25 ETHE vs. Futures <br /> 23:43 Is ETH a Security?<br />