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  • Grayscale to convert its Ethereum Trust to a spot ETH ETF: Will that boost institutional interest in altcoins

Grayscale to convert its Ethereum Trust to a spot ETH ETF: Will that boost institutional interest in altcoins

Key takeaways Grayscale has filed to convert its Ethereum Trust to a spot ETH exchange-traded fund (ETF). Shiba Memu’s presale has now officially surpassed the $3.5 million mark. The cryptocurrency…

Grayscale files to convert its Ethereum Trust into a spot Ethereum ETF

Grayscale is seeking for SEC’s approval to convert its Ethereum Trust to an Ethereum ETF. Grayscale’s Ethereum Trust manages nearly $5 billion in Ethereum assets. Transition to spot ETF offers…

BlockFi files to be allowed to convert users’ trade-only assets into stablecoins

BlockFi is requesting to convert the assets to Gemini Dollar (GUSD) or another stablecoin The motion has been backed by the court-recognized BlockFi creditors’ committee. BlockFi started the process of…

Binance to convert all New Bitshares (NBS) token balances to USDT before year ends

Binance periodically reviews its listed tokens to ensure they continue to meet the high level of standard we expect. The New Bitshares (NBS) token was delisted by Binance in October…