Grayscale Applies for Ethereum ETF: Facing the SEC Again After Bitcoin!

Crypto-focused investment company Grayscale Investments has filed for a new Ethereum futures exchange-traded fund (ETF).

According to the news published by The Wall Street Journal (WSJ) on September 19, Grayscale is a futures Ethereum ETF for To the US Securities and Exchange Commission (SEC) applied. The company filed for the futures Ethereum ETF under the same regulation under which commodity and spot Bitcoin ETFs are filed. Securities Act of 1933 applied within the scope of

Grayscale also May Most security-based ETFs are registered in Investment Company Act of 1940 had applied for another futures Ethereum ETF. The US Securities and Exchange Commission (SEC) previously made under both laws It approved the forward Bitcoin ETF applications.

On the other hand, Grayscale made its first Ethereum futures ETF application under pressure from the SEC. had withdrawn. But it seems that Grayscale has been GBTC fund spot Bitcoin ETF‘inee conversion application to the SEC In the lawsuit filed after the rejection with his victory again by gaining self-confidence is back with an application for a new futures Ethereum ETF.

The SEC has so far heard of the cryptocurrency industry. although it does not accept any spot ETFs It had previously accepted a futures Bitcoin ETF. At this point, companies expect a futures Ethereum ETF. towards acceptance it could be.

Regarding futures Ethereum ETFs since 2021 Valkyrie Investments, Bitwise, Ark Invest And 21Shares Many companies, including, have applied to the SEC. SEC yet no futures Ethereum ETF application He did not accept.

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