In recent weeks, a consortium of firms, including Valkyrie, Roundhill, Proshares, Grayscale, Vaneck, Volatility Shares, and Bitwise, have submitted applications to roll out ethereum (ETH)-based futures products. A Thursday report by Bloomberg’s Vildana Hajric and Allyson Versprille reveals the SEC’s likely inclination towards not obstructing ETH-based futures. This intel comes from individuals “familiar with the matter,” preferring anonymity. While these insiders remained tight-lipped about potential approvals, there’s buzzing speculation that green lights might emerge in October.