By CryptoNews - 6 months ago - Reading Time: 1 minutes
Grayscale Pursues Ethereum Spot ETF Amid ETH Futures ETF Boom
Today, Grayscale Investments, a leading digital asset fund manager, submitted a filing to the U.S. Securities and Exchange Commission (SEC), to convert its Ethereum Trust into a spot Ethereum ETF.The move comes as other financial companies like Vaneck, Bitwise, and Proshares launch Ethereum Futures ETFs.
Grayscale has formally lodged a Form 19b-4 with the SEC, looking to turn its Ethereum Trust into a physically-backed ETF on the NYSE Arca exchange. ...
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Original source: CryptoNews