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Grayscale will eliminate the discount in its Ethereum Trust if it converts it into a spot ETF.
Oluwapelumi Adejumo 2 min read 
U.S. investors, however, remain cautious, withdrawing over $19 million from crypto instruments this week.
The company filed new documents with the SEC detailing that it was halting the purchase of ETH futures pending an amendment to its registration statement.
Current filings concern proposals from BlackRock, Valkyrie, Invesco, and Bitwise.
Valkyrie's offer begins almost immediately, but most others will start in early October.
The company's CIO said on X that new research and arguments are needed.
MicroStrategy bought 5,455 units of Bitcoin between Aug. 1 and Sept. 24.
CoinScan provides free in-depth crypto charts alongside security features to give traders an edge in the market.
At least 12 other firms have also applied for similar ETFs in recent weeks.
