Breaking News! Grayscale's two Ethereum spot ETFs, ETHE and ETH, will be listed tonight.

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Grayscale's Two Ethereum Spot ETFs Approved to Go Live

Grayscale announced late on the 23rd that its two Ethereum spot ETFs, "Grayscale Ethereum ETF with the code: ETHE and the Mini Ethereum ETF with the code: ETH," have both received approval from the U.S. Securities and Exchange Commission (SEC) and will begin trading tonight with the opening of the U.S. stock market.

Grayscale Ethereum Mini ETF ETH has been approved, allowing investors to add Ethereum to their portfolios at a 0% promotional fee for the first six months; at the same time, Grayscale Ethereum Spot ETF ETHE will also be listed on the New York Stock Exchange.

This morning, Bloomberg ETF analyst James Seyffart tweeted that almost all issuers have been approved, and the Ethereum spot ETF will officially launch tonight, with one exception being Grayscale.

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Grayscale Frequently Organizes Wallets

Arkham data shows that this morning, Taiwan time, Grayscale indeed transferred approximately 292,000 ETH worth about $1.04 billion to a wallet labeled "Ethereum Mini Trust ETH" and made fund allocations of over $14,000.

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