JUST IN: 🚨 Grayscale urges SEC to approve Ethereum ETF pledge, saying it has missed $61 million in profits 🤯

👉 Grayscale met with the SEC Crypto Working Group on April 21 to seek permission for its Ethereum ETF (ETHE and ETH) to execute pledge transactions.
The company stated that due to legal restrictions, the $8.1 billion in assets it manages have missed out on around $61 million in potential profits from the product's start until February 2025.
#EthereumETF #SEC