#ETHCrossed2500
Grayscale Ethereum ETF Adjusts Index Constituents Amid Regulatory Developments
In other news, based on liquidity concerns, the Grayscale Ethereum ETF has changed the members of its index;
Bullish is now a constituent trading platforms $ETH Digital is taken out.
This change captures the ETF’s attempts to faithfully depict the market and the continuous change of the Ethereum trading scene.
Furthermore under consideration by the SEC are options trading for spot Ethereum ETFs including Grayscale’s, therefore indicating a possible increase in ETH investment possibilities.
On the other hand, should the price rise and beyond this $2,111 mark, it would invalidate the immediate bearish view and create the path for a possible rally towards the 50-day Simple Moving Average (SMA) at $2,325 and eventually the $2,550 level. Such an action would imply that the $1,504 mark might have formed around a temporary low.
