- Grayscale has submitted an amended Form 19b-4 filing for its Ethereum ETF application.
- Grayscale’s CLO thinks the filing is crucial in upgrading ETHE for trading on NYSE Arca.
- According to the CLO, investors want and deserve access to Ethereum as a spot Ethereum ETF.
According to Craig Salm, Grayscale’s Chief Legal officer, the firm has submitted an amended Form 19b-4 filing for its Ethereum ETF application. Salm considers the move a crucial step in Grayscale’s effort to upgrade ETHE to start trading on the New York Stock Exchange (NYSE) Arca.
We just filed @Grayscale Ethereum Trust's amended Form 19b-4 filing. This is an important step in our effort to uplist $ETHE to NYSE Arca.Investors want and deserve access to #Ethereum in the form of a spot Ethereum ETF and we believe the case is just as strong as it was for… pic.twitter.com/fOwJlHS71o
— Craig Salm (@CraigSalm) March 15, 2024
In a post on X, Salm noted that investors want and deserve access to Ethereum as a spot Ethereum ETF. He believes the argument for an Ethereum ETF is just as strong as it was for the spot Bitcoin ETFs.
Grayscale’s move towards actualizing a spot Ethereum ETF start…
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