In the cold, bureaucratic halls where the SEC guards its golden keys, Grayscale appeared, petitioning with the desperation of a man pleading for a crust of bread. The company, like a modern-day Ivan Denisovich longing for warmth, laid bare its plight: a staggering $61 million in rewards left untouched, prisoners of regulations as rigid as Siberian winter ice.
With a weary sigh, Grayscale put forth a humble request — an update to their Form 19b-4 filings for the Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF (ETH). If the bureaucrats find mercy in their hearts and nod approval, the company might finally harvest the elusive staking rewards, unlocking a bounty not seen since the last collective farm was audited.
One can almost hear the faint chuckle of the cosmic jester 🤡 as Wall Street attempts to wrangle Ethereum’s wild blockchain into obedient fields of profit. Oh, the irony: a trust fighting for the right to play farmer in the digital ether.
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2025-04-28 08:55