Grayscale Investments is utilizing its Ether (ETH) futures exchange-traded fund (ETF) utility as a “computer virus” to nook america Securities and Alternate Fee into approving its spot Ether ETF, says Bloomberg ETF analyst James Seyffart.
Seyffart stated in a Nov. 15 X (Twitter) publish following the SEC delaying Grayscale’s ETH futures ETF bid that he believes if the SEC approves Grayscale’s utility, then it might allow Grayscale to argue for the approval of its spot Ether ETF utility.
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