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Ethereum ETF issuers not giving up fight, expert says as Grayscale files S3 prospectus

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Ethereum exchange-traded funds (ETFs) theme gained steam after the landmark approval of multiple BTC ETFs in January.

Grayscale has filed their S3 prospectus to convert their Ethereum Trust to an Ether ETF. BlackRock has filed an amendment to their 19b-4 ETH ETF application. Experts anticipate approval by May 23 despite expected delay in Grayscale and Franklin Templeton applications. Ethereum exchange-traded funds theme gained steam after the landmark approval of multiple BTC ETFs in January.

Other applicants who are also enduring delays include VanEck and BlackRock. As a side note, Grayscale has also filed for an Ethereum Mini Trust. Missed this one earlier. 4. @grayscale filed for an Ethereum Mini Trust. https://t.co/IjJVomUoZX pic.twitter.com/uH15LzuA3z — James Seyffart April 23, 2024 Grayscale has since responded to the SEC’s delay, saying, “We believe the case for spot Ethereum ETFs is just as strong as it was for spot Bitcoin ETFs.

 

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