It’s been a month since the first ether futures ETFs hit the US market, and demand for such products has remained relatively sparse.

Another ether-related fund offering looking to give investors short exposure to the asset — also via futures contracts — launched Thursday. 

The lack of interest in the previously launched ether futures ETFs could signal investors are awaiting spot exposure to ETH — something the Securities and Exchange Commission might be pressured to allow as early as next May.

Six ETFs holding ether futures launched on Oct. 2. About a month later, those funds have roughly $20 million in combined assets under management. The Valkyrie Bitcoin and Ether Strategy…

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