The review of the Bitcoin spot ETF has been completely postponed and will not be completed until next year. Financial institutions also simultaneously submitted applications for Ethereum spot ETFs. Grayscale did not miss this transformation opportunity and submitted an application for Ethereum spot ETFs for its ETHE fund.

We’re proud to announce that @NYSE Arca has filed Form 19b-4 with the SEC to convert Grayscale Ethereum Trust $ETHE to a spot#EthereumETF. https://t.co/IAHDHTdeqp(1/4) https://t.co/IAHDHTdeqp

— Grayscale (@Grayscale) October 2, 2023

This article Grayscale submitted an application for Ethereum spot ETF and transformed into an ETHE fund first appeared on Chain News ABMedia.