The ETHU, a leveraged Ethereum ETF, is set to debut on the Chicago Board Options Exchange by June 4, marking the first of its kind.

Leveraged trading enables investors to control larger positions, amplifying their exposure to price changes by borrowing funds from the platform provider. While existing Ethereum futures ETFs like EETH, EFUT, and AETH saw slow uptake initially, their trading volumes spiked following the SEC's unexpected approval of eight spot ETH ETF filings.

Speculation surrounds the launch dates of these approved ETFs, with industry experts like Nate Geraci and James Seyffart suggesting potential timelines ranging from weeks to a few months, contingent upon SEC approval.

JPMorgan predicts these ETFs could hit the market before the US November elections.