Grayscale moves to convert its Ethereum trust to a spot ether ETF

Photo of author

By BitcoinWiki News

Key Takeaways:

– Grayscale Investments and NYSE Arca have filed Form 19b-4 to convert the Grayscale Ethereum trust to a spot ether exchange-traded fund (ETF).
– The filing follows the SEC’s clearance of the first ETH futures ETFs.
– Grayscale is also filing for a new ETH futures ETF and has previously filed for a separate ether futures ETF.
– The Grayscale Ethereum trust is the largest ETH investment vehicle in the world, with assets under management of nearly $5 billion.
– Grayscale has also filed to convert its Grayscale Bitcoin trust (GBTC) to a spot bitcoin ETF.
– JPMorgan predicts that the SEC will likely approve multiple spot bitcoin ETF applications following Grayscale’s victory against the SEC.
– Grayscale plans to convert all of its trust products to ETFs.


Grayscale Investments and NYSE Arca have filed a form with the SEC to convert the Grayscale Ethereum trust into an exchange-traded fund (ETF). This follows the recent clearance of the first ETH futures ETFs by the SEC. Grayscale’s Ethereum trust is currently the largest ETH investment vehicle in the world, with nearly $5 billion in assets under management. Grayscale also filed paperwork for a new ETH futures ETF and previously filed to convert its Grayscale Bitcoin Trust to a spot bitcoin ETF. The company awaits approval from the SEC for both conversions. Grayscale is committed to converting all its trust products to ETFs.

This is sponsored by: Learn Bitcoin Option

Leave a Comment