Grayscale Postpones Date For ETHPoW Review And Sales Decision: Don’t Hold Your Breath!
Hey y’all, did you hear the news? Grayscale, one of the top cryptocurrency asset managers, has postponed the date for their review and decision regarding their upcoming Ethereum Proof-of-Work (ETHPoW) offering.
If you were waiting with bated breath for the verdict, take a deep sigh and wise up. This could take some time.
What Does This Mean?
This means that Grayscale is likely taking a more conservative approach when it comes to rolling out ETHPoW. Essentially, they are taking their time to ensure that the product is up to the highest standards.
The original timeline for the review process was due at the end of March. Despite this being pushed back, it’s not entirely unexpected since Grayscale doesn’t tend to rush decisions anyway.
What Now?
With the decision date seemingly far off, what are we left to do but twiddle our thumbs in anticipation of the outcome?
Here’s a few suggestions to help you cope in the meantime:
- Catch Up On Your Crypto Reading – There’s plenty of great crypto-related reading material out there. Spend your time wisely and peruse through these texts. Who knows? You might even pick up some new tips along the way.
- Explore DeFi Projects – Take the opportunity to explore some of the newest DeFi projects and protocols to hit the crypto scene. There’s always something new and innovative happening, so now’s the perfect time to start your research.
- Educate Yourself About ETHPoW – If you don’t already know about ETHPoW, take some time to understand what all the fuss is about. The more educated you are about the offering, the more prepared you will be for any decision Grayscale ends up making.
No Need To Panic
So, the decision date has been postponed. That’s ok! Grayscale operations remain unaffected by the change, and their keeping the proceedings moving, albeit cautiously.
In all truth, the delay of their decision isn’t the end of the world. No need to panic. Sooner or later, we’ll find out what Grayscale has chosen to do. Until then, everything is up in the air, so just hold tight and wait for the outcome like the rest of us.
Happy crypto-ing!
