Grayscale Battles Regulatory Headwinds for Ethereum ETF Approval Despite Senate Opposition
Grayscale plans to integrate staking into its proposed Ethereum ETF to counter inflationary pressures, aligning with its effort to transition into a spot ether ETF. Fidelity and others follow suit, but regulatory uncertainties loom. Meanwhile, Coinbase's CLO disputes Senators' concerns over Ethereum's ETF potential, citing robust trading volume. The SEC delays decisions on Hashdex Nasdaq Ethereum ETF and ARK 21Shares Ethereum ETF.
Xu Lin
