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Grayscale Files 19b-4 for Spot Ethereum ETF Approval

Grayscale Files 19b-4 for Spot Ethereum ETF Approval

An important step towards the launch of a spot Ethereum ETF has been reached with Grayscale’s submission of a revised 19b-4 form for its Ethereum Mini Trust. This update on X was supplied by James Seyffart, a Bloomberg ETF analyst, highlighting the increasing momentum in the cryptocurrency ETF market. This move shows that Grayscale’s strategic endeavours to broaden its range of products and meet the growing need for investment vehicles specialising in digital assets.

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This filing is part of a larger pattern; today, we anticipate numerous more similar submissions. It represents the industry’s drive for spot ether ETFs to be approved by regulators. If authorised, Grayscale’s Ethereum Mini Trust would give investors direct access to Ethereum, improving accessibility and possibly accelerating the cryptocurrency’s continued uptake.

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