Grayscale Files For Ether Futures ETF Following Court Victory Against SEC
Portfolio Pulse from Murtuza Merchant
Grayscale Investments has submitted a new application to the U.S. Securities and Exchange Commission (SEC) for an Ether futures ETF. This follows Grayscale's recent court victory against the SEC regarding their spot Bitcoin ETF application. The SEC has previously approved Bitcoin futures ETFs under both the Securities Act of 1933 and the Investment Company Act of 1940.
September 20, 2023 | 1:20 pm
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Grayscale's recent court victory against the SEC regarding their spot Bitcoin ETF application could potentially impact Bitcoin's price.
The approval of Grayscale's spot Bitcoin ETF could increase the demand for Bitcoin, potentially driving up its price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Grayscale's new application for an Ether futures ETF could potentially impact Ether's price.
The approval of Grayscale's Ether futures ETF could increase the demand for Ether, potentially driving up its price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80