---
title: "Traders rush to short Ether as Grayscale pulls its futures ETF plan"
url: https://diffcoin.com/traders-rush-to-short-ether-as-grayscale-pulls-its-futures-etf-plan/
description: "Just a 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application. Source link"
published: 2024-05-08
updated: 2024-05-08
author: "Mila"
site: "Diffcoin"
---

# Traders rush to short Ether as Grayscale pulls its futures ETF plan

Just a 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application.

[Source link](https://cointelegraph.com/news/short-traders-stack-on-ether-grayscale-withdraws-futures-etf)