Craig Salm, Grayscale’s Chief Legal Officer, has announced the submission of an amended Form 19b-4 filing for their Ethereum ETF application, signaling a pivotal move towards upgrading ETHE to trade on the New York Stock Exchange (NYSE) Arca.

We just filed @Grayscale Ethereum Trust’s amended Form 19b-4 filing. This is an important step in our effort to uplist $ETHE to NYSE Arca.

Investors want and deserve access to #Ethereum in the form of a spot Ethereum ETF and we believe the case is just as strong as it was for… pic.twitter.com/fOwJlHS71o

— Craig Salm (@CraigSalm) March 15, 2024

Salm emphasizes the importance of providing investors with access to Ethereum through a spot Ethereum ETF, comparing its significance to that of spot Bitcoin ETFs.

Grayscale initiated efforts for a spot Ethereum ETF last October, with the SEC currently reviewing their application. The SEC has extended deadlines to evaluate Grayscale’s proposal, with the next one set for May 2024, aligning with their standard procedures observed for spot Bitcoin ETF approvals.

Craig Salm, Grayscale’s Chief Legal Officer, has announced the submission of an amended Form 19b-4 filing for their Ethereum ETF application, signaling a pivotal move towards upgrading ETHE to trade on the New York Stock Exchange (NYSE) Arca.

Also Read: Grayscale Launches Innovative Bitcoin Mini Trust for Investors

---

---