🎉Good news! Grayscale Investment Company (Grayscale) submitted an application to the U.S. Securities and Exchange Commission (SEC) on Tuesday, planning to launch a new futures Ethereum ETF! 🚀This ETF will be filed under the Securities Act of 1933. It is worth mentioning that this law also provides for the filing of commodity and spot Bitcoin ETFs. 💡

Previously, Grayscale also applied for a separate Ethereum futures ETF under the Investment Company Act of 1940. 📈Generally speaking, most security-based ETFs are registered under this law. 📜

Let’s wait and see what impact this new futures Ethereum ETF will have on the market! 🌟