WisdomTree withdraws Ethereum Trust filing with SEC, indicating a strategic market shift.
VanEck shutters Ethereum Futures ETF amid concerns over performance and investor interest.
WisdomTree continues its crypto market presence with UK-approved Bitcoin and Ethereum ETPs.
Asset manager WisdomTree has withdrawn its Ethereum Trust S-1 registration filing from the U.S. Securities and Exchange Commission (SEC), over three years after its initial submission.
The withdrawal request, submitted on September 6, 2024, confirmed that no securities had been issued or sold under the registration statement. The original filing, made in May 2021, aimed to list Ethereum ETF shares on the Chicago Board Options Exchangeâs BZX Exchange.
WisdomTree noted the increasing maturity of the Ethereum ecosystem, suggesting it was approaching the efficiency and scale of the Bitcoin market. In its withdrawal request, WisdomTree acknowledged it would not receive a refund for fees paid to the SEC. However, the firm asked for these fees to be credited for future use.
VanEck Closes Ethereum Futures ETF
Coinciding with WisdomTreeâs withdrawal, asset manager VanEck announced the closurâŠ
The post WisdomTree Withdraws Ethereum Trust Filing, VanEck Closes ETH Futures ETF appeared first on Coin Edition.
