Grayscale officially proposed to list and trade shares of the Grayscale Ethereum Futures Trust ETF under the NYSE Arca Rule 8.200-E.
Digital currency investment company Grayscale is the latest firm to file for a new Ethereum futures’ exchange-traded fund with the Securities and Exchange Commission .to list and trade shares of the Grayscale Ethereum Futures Trust ETF under the New York Stock Exchange Arca Rule 8.200-E.
“The Sponsor is in the process of becoming registered as a commodity pool operator with the Commodity Futures Trading Commission and is in the process of becoming a member of the National Futures Association,” the document reads. It also states that Grayscale Advisors has engaged Videnct Advisory as subadviser, to serve as the trust’s commodity trading adviser.
The nature of the Ether futures contracts in the ETF will not require the trust to use an Ether custodian, the filing reads, adding:
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