TechFlow news — FOX reporter Eleanor Terrett stated that Grayscale has never filed an S-1 application for its Ethereum futures ETF, making the application incomplete. The SEC might want to wait and see if a completed futures application emerges before considering its spot application. She also noted that investor demand for existing Ethereum futures ETFs has been relatively weak since their launch last year.
Earlier today, it was reported that Grayscale submitted a notice to the U.S. SEC on May 7 to withdraw its 19b-4 application for its Ethereum futures ETF, just three weeks before the SEC was set to make a mandatory decision on the filing.
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