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570d 15h ago

Grayscale Submits Updated Version of Spot Ethereum Mini ETF S-1 Application

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

**Grayscale Submits Updated Version of Spot Ethereum Mini ETF S-1 Application**

Grayscale Investments has made significant strides in the evolving cryptocurrency landscape by submitting an updated version of its Spot Ethereum Mini ETF S-1 application. This move highlights Grayscale’s ongoing commitment to expanding its product offerings and providing more innovative investment solutions for the digital asset market. The updated application reflects the latest adjustments and compliance measures required by regulatory authorities, aiming to enhance investor protection and market accessibility.

This submission marks an important step for Grayscale as it seeks to offer diversified and regulated investment vehicles to meet the growing demand among crypto enthusiasts and institutional investors. The Ethereum Mini ETF focuses on bringing a more streamlined and efficient method for investors to gain exposure to Ethereum, the second-largest cryptocurrency by market capitalization.

With Ethereum’s increasing prominence within decentralized finance (DeFi) and the ongoing development of ETH 2.0, this potential launch could become a pivotal product in the digital asset market. Investors and market participants eagerly await regulatory approval to see how this ETF could reshape Ethereum investment strategies.

Coin: #ETH

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