Grayscale ETH futures ETF a ‘malicious program’ for spot Ethereum ETF: Analyst

Grayscale Investments is utilizing its Ether (ETH) futures exchange-traded fund (ETF) software as a “malicious program” to nook the US Securities and Trade Fee into approving its spot Ether ETF, says Bloomberg ETF analyst James Seyffart.

Seyffart stated in a Nov. 15 X (Twitter) publish following the SEC delaying Grayscale’s ETH futures ETF bid that he believes if the SEC approves Grayscale’s software, then it could allow Grayscale to argue for the approval of its spot Ether ETF software.

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