The post Grayscale Makes Another Bid for Ethereum Futures ETF appeared first on Coinpedia Fintech News
Grayscale recently submitted a new application for an Ethereum Futures ETF. Interestingly, they submitted it under the Securities Act of 1933, typically used for commodities and Bitcoin ETFs.
This decision marks a shift from their initial application filed under the Investment Company Act of 1940, which primarily governs securities-based ETFs. Many speculate about the underlying reasons behind this strategic move.
Grayscale’s Second Attempt at Ethereum Futures ETF
Grayscale Investments, a prominent cryptocurrency investment sector player, has again entered the world of Ethereum futures ETFs. Yes, you heard it correctly—their determination remains steadfast as they make another attempt.
Grayscale has chosen a different regulatory path for its latest application. This time, they have submitted the application under the Securities Act of 1933, deviating from their
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