
Grayscale Bold Gambit: The Race to Launch a Spot Ether ETF
In a strategic move echoing its success with Bitcoin, digital asset giant Grayscale has confidentially filed paperwork with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Ethereum Trust (ETHE) into a spot Ether exchange-traded fund (ETF). This pivotal step signals a new front in the battle for