BlackRock's iShares Bitcoin Trust (IBIT) has accumulated over $15.4 billion in Bitcoin, challenging GBTC as the market's largest Bitcoin fund.

Grayscale Investments is seeking SEC approval to convert its ethereum trust into a spot ethereum exchange-traded fund (ETF).

Grayscale plans to introduce 'Grayscale Ethereum Mini Trust', a lower-fee investment product designed to provide investors with exposure to Ethereum.

The strategic moves by Grayscale indicate a heightened interest in cryptocurrency ETFs and an effort to cater to diverse investor preferences.