Asset manager WisdomTree has recently requested the withdrawal of its Ethereum Trust S-1 filing with the US regulator after more than three years. The firm confirmed in a filing with the SEC that no securities have been or will be issued based on the initial registration statement submitted in May 2021. Although WisdomTree won't receive a refund for the fees paid, they have asked for a credit for future use. The application was for Ethereum ETF shares to be listed on the BZX Exchange, highlighting the maturing Ether market. This move coincides with VanEck's decision to close its futures-based Ether ETF due to low demand, with the fund assets set to be liquidated soon. The cryptocurrency market continues to evolve, with different asset managers making strategic decisions in response to market dynamics. Read more AI-generated news on: https://app.chaingpt.org/news

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