Ethereum

<ul><li>Grayscale Investments and NYSE Arca submitted a proposal to the SEC to transform the Grayscale Ethereum Trust into a spot Ethereum ETF.</li><li>Grayscale CEO emphasized the company&#39;s commitment to transparent and regulated access to cryptocurrencies.</li><li>This filing is a significant step towards integrating Ethereum into the U.S. regulatory framework.</li></ul>Grayscale Investments, the leading global crypto asset manager, has announced a pivotal development as it partnered with NYSE Arca to submit Form 19b-4 to the U.S. Securities and Exchange Commission (SEC). This significant move is to transform their Grayscale Ethereum Trust into a spot Ethereum ETF.The official X (previously Twitter) handle of the company tweeted the announcement in a thread:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/dd88b62c47144102bf8ece3b8bf3b826.png" />Grayscale CEO, Michael Sonnenshein, emphasized the company&#39;s steadfast commitment to providing investors with transparent and regulated access to cryptocurrencies. He sees this filing as a crucial step toward integrating Ethereum further into the U.S. regulatory framework.Read full article at<a href="https://cryptotale.org/grayscale-and-nyse-arca-partner-for-ethereum-etf-submission-to-sec/" rel="noopener noreferrer nofollow"> CryptoTale. </a>

Grayscale and NYSE Arca Partner for Ethereum ETF Submission to SEC

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