According to last minute information, the SEC has announced that Grayscale has made its application. Ethereum He decided to postpone the decision date on the Futures ETF.
Grayscale made the application in question on September 20, 2023.
The application was made pursuant to the provisions of the Securities Exchange Act of 1934 and the rule amendment filed by the NYSE with the SEC. The ETF will be managed by Grayscale Advisors, which is also referred to as “sponsor” in the filing.
The SEC had previously approved Ethereum Futures ETFs. This ETF application was also expected to be approved, but the institution decided to postpone it.
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Grayscale had won a major, albeit partial, victory against the SEC in its efforts to convert the publicly traded Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. However, GBTC has not yet become a Bitcoin Spot ETF and no Bitcoin Spot ETF has yet received approval from the SEC.
*This is not investment advice.
Source: Bitcoinsistemi.com