Others are skeptical that futures contracts impact supply and demand at all.
Futures-based commodity ETFs are already limited in the number of shares they can sell. If they run out, they have to apply for more with the SEC.
What the future holds and what the CFTC concludes remains to be seen. 24-7 Wall Street suggests that some funds may either be forced to close or adjust their scope to be more like a closed-end structure. We won’t really be sure what will happen until after the hearings conclude, though.
The CFTC’s hearings will include input from consumers, businesses and market participants to determine the best course of action.