WisdomTree Ethereum Trust issues its S-1 filing.

Asset manager WisdomTree has asked Ethereum Trust to withdraw its S-1 filing with the US regulator more than three years after it first filed.

“The registration statement was first filed on May 27, 2021. The company confirms that no securities are being issued or sold under the registration statement,” the company said in a filing with the United States Securities and Exchange Commission (SEC). ) on September 6.

Since WisdomTree filed its registration statement, it acknowledged that the fee paid to the SEC was non-refundable, but requested that the funds be considered for “future use.”

The application was first submitted in May 2021 for Ethereum (ETH) ETF shares to be listed on the Chicago Board Options Exchange BZX exchange. At the time, Wisdomtree said the Ether market was “performing at a materially efficient and somewhat mature level similar to the mature Bitcoin market.”

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It comes on the same day that asset manager VanEck announced it was closing its futures-based Ether ETF, citing insufficient interest in the space as kriptovalyutnogo ETFs dominate revenues.

VanEyck chose to close the fund based on factors including “performance, liquidity, assets under management and investor interest,” it said in a Sept. 6 statement.

Cointelegraph reports that shares of the VanEck Ethereum Strategy ETF ( EFUT ) will cease trading on September 16 and fund assets will be returned to investors on or around September 23.

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