Grayscale Moves to Convert Ethereum Trust to Spot ETF Amid Surge in ETH Futures ETF Launches – Bitcoin News
October 3, 2023
Grayscale Investments, the largest digital asset fund manager by assets under management (AUM), has filed to convert its Ethereum Trust into a spot ether exchange-traded fund (ETF). The news follows ether futures ETFs from Vaneck, Bitwise, and Proshares launching on Monday.
Grayscale’s Ethereum Trust on Path to Become Spot Ether ETF
On October 2, 2023, Grayscale announced it has submitted a Form…