**Valkyrie backtracks on Ether futures contract purchases until ETF launch**

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-09/e533c9a8-bd29-4d9b-b738-1d30c05d9ae3.jpg

Bloomberg analyst Eric Balchunas speculated that the SEC may have pressured Valkyrie to halt ETH futures contract purchases until the ETF was officially approved.

https://cointelegraph.com/news/valkyrie-backtracks-ether-futures-etf-launch