Most workers lack the money and time to invest enough in the stock market. The US government has plenty of both.

A spot-Bitcoin ETF does not currently exist in the US and regulators have, in the past, been loath to approve one.

More than $350 million was put into 20 ETFs that track broad-based commodity indexes in July, only the second month of inflows this year.

VanEck, Roundhill and Volatility Shares are among a half dozen issuers that have submitted applications for Ether-futures ETFs since Friday.