Two distinguished crypto asset managers – Grayscale Investments and Bitwise Asset Administration – have halted their Ether (ETH) futures exchange-traded fund (ETF) plans below scrutiny from U.S. regulators.
On Might 17, Grayscale filed an modification to its submitting with the Securities and Trade Fee (SEC) to take away mentions of an Ether futures ETF. The modification comes lower than per week after sharing plans to begin a threesome of ETF merchandise. The opposite two flagships embrace a semi-spot (BTC) ETF that might put money into the BTC spot market, and a privateness ETF targeted on investing in blockchain firms and privacy-focused digital belongings.
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