Grayscale submits a new Ethereum futures ETF to the SEC

ChainCatcher news, according to The Wall Street Journal, Grayscale Investment Company submitted an application to the U.S. Securities and Exchange Commission (SEC) on Tuesday for a new Ethereum futures ETF, which is registered under the Securities Act of 1933. This act outlines the registration process for commodity and spot Bitcoin ETFs. Grayscale had previously applied for a separate Ethereum futures ETF under the Investment Company Act of 1940, which most securities-based ETFs are registered under.