FOX reporter: Grayscale never submitted an S-1 application for its Ethereum futures ETF

BlockBeats news, on May 8, FOX reporter Eleanor Terrett posted on the X platform that Grayscale never submitted an S-1 application for its Ethereum futures ETF, so the application is incomplete. Before considering its spot application, the SEC may want to see if there is a completed futures application. It also said that investor demand for existing Ethereum futures ETFs has been relatively sluggish since its launch last year.

Earlier today, Grayscale submitted a notice to the U.S. SEC on May 7 to withdraw its 19b-4 application for Ethereum futures ETFs, with only three weeks left before the SEC was forced to make a decision on its application.