Grayscale suddenly withdraws its application for Ethereum spot ETF Why

The U.S. Securities and Exchange Commission filed a notice to withdraw the Grayscale Ethereum Futures ETF. The SEC is scheduled to make a final decision on Grayscale’s Ethereum futures ETF on May 30.

Personally, I think it is because I feel the huge regulatory pressure from the SEC, and then I think about it. This news has undoubtedly intensified the level of panic. Is it going to change? #灰度撤回以太坊现货ETF申请 #灰度GBTC资金流出趋势结束了吗？