Grayscale and Bitwise distance themselves from Ether futures ETF plans By Cointelegraph
[ad_1]
Two prominent crypto asset managers — Grayscale Investments and Bitwise Asset Management — have halted their Ether (ETH) futures exchange-traded fund (ETF) plans amid growing scrutiny from United States regulators.
On May 17, Grayscale filed an amendment to its Securities and Exchange Commission (SEC) filing to remove mentions of an Ether futures ETF. The amendment comes less than a week after sharing plans to launch a trio of ETF products. The other two flagship products include a semi-spot (BTC) ETF that would invest in the spot BTC market, and a privacy ETF focused on investing in privacy-focused blockchain companies and digital assets.
Continue Reading on Coin Telegraph
[ad_2]
Source link
Two prominent crypto asset managers — Grayscale Investments and Bitwise Asset Management — have halted their Ether (ETH) futures exchange-traded fund (ETF) plans amid growing scrutiny from United States regulators.
On May 17, Grayscale filed an amendment to its Securities and Exchange Commission (SEC) filing to remove mentions of an Ether futures ETF. The amendment comes less than a week after sharing plans to launch a trio of ETF products. The other two flagship products include a semi-spot (BTC) ETF that would invest in the spot BTC market, and a privacy ETF focused on investing in privacy-focused blockchain companies and digital assets.
Continue Reading on Coin Telegraph
About The Author
