Grayscale’s 2-tier Ethereum spot ETF passed the line
Grayscale tweeted today (23) evening that its two "Grayscale Ethereum Spot ETF (code: ETHE) and Mini Ethereum ETF (code: ETH)" have both obtained approval from the U.S. Securities and Exchange Commission ( SEC) approval and will be open for trading tonight as U.S. stocks open.
The Grayscale Ethereum Mini ETF (ETH) has been approved, allowing investors to add Ethereum to their portfolios at a discounted fee of 0% for the first six months; the Grayscale Ethereum Spot ETF (ETHE) will also Listed on the New York Stock Exchange.
This morning, Bloomberg ETF analyst James Seyffart tweeted that almost all issuers have obtained approval and the Ethereum spot ETF will be officially listed tonight. However, there is only one exception, and that is Grayscale.
(The Ethereum spot ETF is officially listed on 7/23! Will ETH stage a "sell the news" market?)
Grayscale frequently organizes wallets
Arkham data shows that this morning Taiwan time, Grayscale indeed transferred 292,000 ETH (approximately US$1.04 billion) into a wallet labeled "Ethereum Mini Trust (ETH)", and conducted more than 14,000 ETH transactions respectively. U.S. dollar allocation of funds.
(Ethereum spot ETF is about to open! Wintermute and Kaiko are bearish: demand inflow is far lower than expected)
This article passed! Grayscale 2-level Ethereum spot ETF (ETHE, ETH) will be listed tonight first appeared on Chain News ABMedia.
