Coinspeaker
US SEC Approves Grayscale’s Ethereum ETF Filing
In a recent turn of events, the US Securities and Exchange Commission (SEC) has approved Grayscale Investments’ application for a spot Ethereum (ETH) exchange-traded fund (ETF). Sharing the news on Tuesday, Nate Geraci, President of The ETF Store, announced on X (formerly Twitter) that the SEC has officially acknowledged the filing for the potential conversion of the Grayscale Ethereum Trust (ETHE) into an ETF.
SEC has acknowledged Grayscale’s spot ether ETF filing…
This would be conversion of $ETHE into ETF. pic.twitter.com/JMmutgbakZ
— Nate Geraci (@NateGeraci) October 23, 2023
Grayscale’s Ethereum Trust Holds 2.5% of Ether in Circulation
Initially submitted on October 2, 2023, in collaboration with NYSE Arca, the proposal aims to convert the Grayscale Ethereum Trust, the largest Ethereum investment vehicle globally, into an ETF.
Presently, the trust holds an impressive 2.5% of the circulating ETH and manages asse
We współpracy z: https://www.coinspeaker.com/sec-grayscale-ethereum-etf-filing/
