#Grayscale CEO Michael Sonnenshein remains optimistic about the approval prospects for an #EthereumETF ahead of a major SEC decision.

Despite previously withdrawing a futures ETF application, Grayscale's recent legal victories with Bitcoin #ETFs have set a positive precedent.

This anticipation comes amid broader #SEC reluctance to engage with Ethereum ETF issuers, hinting at a challenging regulatory environment. The outcome could significantly influence Ethereum's market and regulatory landscape.

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