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BlackRock and Grayscale File Amendments to Ethereum ETF Applications After SEC Delay

BlackRock and Grayscale File Amendments to Ethereum ETF Applications After SEC Delay

CointimeCointime2024/04/24 14:31
By:Cointime

Subscribe to Alpha Reports for exclusive reports and key insights on airdrops, NFTs, and more. BlackRock and Grayscale have filed amendments to their Ethereum ETF applications, proposing cash-based creation and redemption processes. Grayscale has also filed for a mini Ethereum ETF with lower fees, mirroring its proposed mini Bitcoin ETF. The SEC's delay in approving spot Ethereum ETF proposals has led to dwindling optimism among ETF watchers.

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