SEC Delays Decision on Grayscale’s Ethereum Futures to Spot ETF Conversion

December 6th, 2023
The SEC postpones its verdict on Grayscale's bid to transform its Ethereum futures ETF into a spot ETF. Grayscale Ethereum Trust, the world's largest ETH investment product, with $5 billion in assets, awaits the SEC's approval amidst growing anticipation. Bloomberg analysts speculate a high chance for Bitcoin Spot ETF approvals, potentially boosting Ethereum's prospects.
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