According to recent information, Grayscale withdrew its Ethereum futures ETF application to the SEC a while ago. While waiting for the spot Ethereum ETF decision of the US Securities and Exchange Commission (SEC), Grayscale's decision to take such a step attracted attention.
Although the leading altcoin Ethereum (ETH) experienced an average decline of nearly 1% in the Binance futures market within a few minutes with this development, ETH was seen to recover in a short time.
