WisdomTree Withdraws Ethereum Trust S-1 Filing, Seeks Credit for Fees

Financial news from Mars reports that asset management firm WisdomTree has requested to withdraw its S-1 registration filing for its Ethereum Trust with the US Securities and Exchange Commission (SEC). The company also requested a credit for the fees paid as "future use."

The registration statement was initially submitted on May 27, 2021. In a filing to the SEC on September 6, the company stated, "The Company confirms that no securities will be issued or sold under the registration statement and will not be issued or sold in the future."

WisdomTree acknowledged that it will not be refunded the fees paid to the SEC for the filing but has requested that the amount be credited as a "future use" credit.