ARK Invest and 21Shares have detailed a new cash creation and redemption mechanism for their latest filing of an Ethereum spot ETF. They say the new process takes an innovative approach by departing from the traditional processes of ETPs, which represent in-kind creation and redemption. Revolutionizing the Ethereum Creation Process The revised filing highlights that authorized […]
The United States Securities and Exchange Commission (SEC) has delayed its verdict on the proposed Grayscale Ethereum Trust exchange-traded fund (ETF). This move, announced on December 5, grants the SEC additional time to assess a rule change allowing NYSE Arca to list and trade the Grayscale Ethereum Trust shares. They have set a new deadline […]