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Bloomberg ETF analyst: grey release will not be able to sue SEC after withdrawing 19b-4 application

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2024-05-08 01:24:08
Grey released a 19b-4 application to withdraw its Ethereum futures ETF on May 7, just three weeks after the securities regulator was forced to make a decision.
Bloomberg ETF analyst James Seyffart said that if you don't want to annoy the SEC. For the SEC, there is less work to withdraw and re-file. But at the same time, it means that grey release or anyone can't file a lawsuit now.
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