The Commission is expected to respond to filings from Bitwise, BlackRock, VanEck, WisdomTree and Invesco.

Nearly a dozen companies have filed with the SEC to launch ETFs based on Ether futures.

Eight companies — including Bitwise, Volatility Shares and ProShares — have in recent days filed applications for exchange-traded funds based on futures for the second-largest digital token.

Elliott’s Unlimited, which focuses on alternative investments, is planning to launch eight exchange-traded funds that aim to replicate the returns of styles such as equity long-short, global macro and low beta.

Investors are essentially betting against swings in share prices, with demand so hot that funds like JEPI and QYLD keep drawing in money despite subpar returns.

The US Securities and Exchange Commission needs to come to a conclusion on the Bitwise Bitcoin ETP Trust by Sept. 1, and decisions for applications from BlackRock, VanEck, WisdomTree and Invesco are due just a day later.

The SEC had until Aug. 13 to say whether it would approve, reject or delay on coming to a decision.