Grayscale withdraws Ethereum futures ETF application, SEC considers other ETH ETF proposals.

Grayscale has withdrawn its application for an Ethereum futures ETF, which may impact the future of crypto ETFs. The US Securities and Exchange Commission (SEC) was set to make a decision on Grayscale's Ether futures ETF by May 30. This comes as the SEC has yet to provide reasons for the move and is still deciding on other ETH ETF proposals, with final deadlines ranging from May 23 to May 30.

May 08, 2024
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