Breaking: Grayscale Files Updated 19b-4 for Spot Ethereum ETF

Breaking: Grayscale Files Updated 19b-4 for Spot Ethereum ETF

PENGY May 21, 2024, 3:02 pm Facebook Twitter


Breaking: Grayscale Files Updated 19b-4 for Spot Ethereum ETF

Grayscale has submitted an updated 19b-4 form for its Ethereum Mini Trust, marking a critical step towards launching a spot Ethereum ETF. Bloomberg ETF analyst James Seyffart shared this update on X, highlighting the growing momentum in the cryptocurrency ETF space. The move indicates Grayscale’s strategic efforts to expand its product offerings and cater to the increasing demand for digital asset investment vehicles.

This filing is part of a broader trend, with several similar submissions expected to occur today. It reflects the industry’s push for regulatory approval of spot ether ETFs. If approved, Grayscale’s Ethereum Mini Trust would provide investors with direct exposure to Ethereum, enhancing accessibility and potentially driving further adoption of the cryptocurrency.

 

This is a developing story.

The post Breaking: Grayscale Files Updated 19b-4 for Spot Ethereum ETF appeared first on CoinGape.

PengyOS - Let's Make Penguins Fly
PengyOS was started by a small community of crypto enthusiasts who believe that penguins should have a seat on the meme coin throne next to dogs and frogs. Solana Contract : B8vV6An7xFF3bARB1cmU7TMfKNjjes2WvY7jWqiRc6K6

Crypto Bubbles
Disclaimer
WARNING: The content on this site should not be considered investment advice. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence.

LEAVE A REPLY

Your email address will not be published.