NYSE Arca has submitted a revised proposal to the U.S. Securities and Exchange Commission (SEC) to list the Grayscale Ethereum Trust ETF and its Mini version under newly relaxed ETF listing standards. This follows the SEC's recent rule change aimed at simplifying ETF listings for cryptocurrencies with established futures markets. The proposed changes could expedite the approval process, enhancing accessibility and transparency for investors. Despite this, the SEC maintains discretion over approvals, and challenges such as regulatory scrutiny and market volatility persist.