According to Foresight News, Grayscale's Chief Legal Officer, Craig Salm, has announced that the company has submitted a revised Form 19b-4 for its Ethereum Trust to the U.S. Securities and Exchange Commission (SEC). This is a significant step towards upgrading ETHE for trading on the New York Stock Exchange (NYSE) Arca.
The submission of the revised form is part of Grayscale's ongoing efforts to provide investors with more options for exposure to digital assets. If approved, the upgraded ETHE would be available for trading on the NYSE Arca, a leading platform for exchange-traded products.
This development comes as Grayscale continues to expand its offerings in the digital asset space, providing investors with a variety of investment products and opportunities.