Grayscale pulls out of Ether ETF race ✴️
Grayscale surprised many by withdrawing its $19b-4 application for an Ether futures exchange-traded fund three weeks before the SEC's decision deadline. The notice of withdrawal for the Grayscale Ethereum Futures Trust was submitted to the SEC on May 7. Originally filed on Sept. 19, 2023, the application aimed for listing on the NYSE pending approval.