ChainCatcher news, according to The Block, the day after BlackRock submitted the revised S-1 statement, Grayscale submitted a revised S-3 registration statement on Thursday, and more revised registration statements are expected to follow. Grayscale discussed the regulatory treatment of Ethereum in its latest filing.

New key points about how much Ethereum is needed to create a basket of stocks have been added to the updated filing. The latest filing reads: "As of May 28, 2024, the number of Ethereum required to create a basket of 100 shares is approximately 0.94552590, and after the revised trust agreement takes effect, the number of Ethereum required to create a basket of 10,000 shares is 94.552590."