The U.S Securities and Exchange Commission (SEC) has extended its review of the proposed rule change on Grayscale’s Ethereum ETF. The proposal aims to offer staking features to Ether assets held by the Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF. The Commission has extended the review process to June 1, 2025. Ethereum […]
Grayscale Ethereum ETF
Grayscale Abandons Ethereum Futures Application
Grayscale Investments, a prominent player in the cryptocurrency investment arena, is making significant strategic shifts, particularly concerning Ethereum. CEO Michael Sonnenshein recently announced a pivotal move during an event hosted by the Financial Times in London. The focus is now squarely on transitioning the world’s largest Ethereum trust into spot exchange-traded products. Sonnenshein emphasized the […]
19b-4 Ethereum ETF Filing Axed: Grayscale’s Bold Move
With its recent withdrawal of the 19b-4 filing for an Ethereum futures exchange-traded fund (ETF), Grayscale, the leading cryptocurrency asset manager, has stirred up the financial world. This unexpected move has puzzled many industry experts, sparking speculation about Grayscale’s motives and plans. James Seyffart, a prominent ETF analyst, described the filing as a “Trojan horse,” […]
SEC Delays Ethereum ETF Decision to May 2024: Bitcoin ETFs Anticipated in January
The United States Securities and Exchange Commission (SEC) has decided to postpone its decision on several Ethereum (ETH) exchange-traded funds (ETFs) until May 2024. This move follows the agency’s decision to delay the consideration of the Hashdex Nasdaq Ethereum ETF and the Grayscale Ethereum Futures ETF. SEC’s Ethereum ETF Postponement The Hashdex Ether ETF is […]