WisdomTree Withdraws S-1 Registration Application for Ethereum Trust

Columns：Ethereum author：BTCZXW time：2024-09-07 15:50:12

🌈🫴👏Sign up to join UPTX and unlock new user benefits worth 6000+ USDT! 🌈🫴👏

50 USDT Welcome Gift Package Complete the registration and meet the requirements to receive your exclusive 50 USDT bonus package! 🎯 Simple rules: Deposit or trade within 4 days after registration, and the bonus will be sent directly to your reward center!

📱Open an account now to receive rewards: https://www.uptx.com/register?inviteCode=QZAVQG&uid=240629

✅Experience funds can be traded but not withdrawn. If you have topped up, you can withdraw money if you win experience funds!

WisdomTree has applied to the U.S. Securities and Exchange Commission (SEC) to withdraw its S-1 registration application for the Ethereum Trust. After three years, the withdrawal of the document marks a change in the company's strategy.

Since the first registration statement was submitted on May 27, 2021, WisdomTree has been hoping to list its Ethereum ETF on BZX of the Chicago Board Options Exchange. However, the statement that "no securities have been or will be issued or sold pursuant to the registration statement" shows the impact of the current market environment on this plan.

Although WisdomTree confirmed that it could not obtain a refund for the fees paid, it requested that the amount be credited "for future use", indicating its expectations and layout for future opportunities. At the same time, VanEck also announced the closure of its futures-based Ethereum ETF in response to market capital flows.

Continue to follow us for more information on crypto asset management and market dynamics.

Unlock new user benefits worth 6000+ USDT

Register to join UPTX and unlock new user benefits worth 6000+ USDT!
Experience funds can be traded but not withdrawn. If you have topped up, you can withdraw money if you win experience funds!

Official certification platform