Grayscale has withdrawn its Ethereum Futures ETF application to the U.S. SEC

PANews reported on May 8th, according to Cointelegraph, Grayscale has submitted a notice to the U.S. Securities and Exchange Commission (SEC) on May 7th to withdraw its application for an Ethereum (ETH) futures ETF. The cryptocurrency asset management company submitted a notice to the SEC on May 7th to withdraw Grayscale's Ethereum futures ETF. The SEC was originally scheduled to make a final decision on Grayscale's Ethereum futures ETF on May 30th. Grayscale initially submitted the 19b-4 application for the Ethereum futures ETF on September 19, 2023. If approved, this ETF will be listed on the New York Stock Exchange.