ASTER’s price jumped suddenly after posts on X claimed that Grayscale had filed an S-1 registration for an ASTER ETF. The chatter suggested that such a filing could let investors access ASTER through a regulated fund and could make the token look more credible. After the rumors spread, trading in ASTER picked up sharply.
The token rose 17.8% to $2.22, with 24-hour trading volumes climbing to $1.42 billion. Its market capitalization reportedly reached $3.69 billion, as per CoinMarketCap. Many traders interpreted the fake news as confirmation that Grayscale was moving forward with the ETF, although the information remained unverified.
Concerns over authenticity
After initial rumors started buzzing, the situation was far from clear for the wider community. But a quick check of the U.S. Securities and Exchange Commission (SEC) filings show that there’s no record of any S-1 registration for ASTER by Grayscale. Analysts pointed out that without any official paperwork, it’s hard to treat these rumors as real.
The images shared online, claiming to show the filing, only make things more suspicious. One of them even lists the filing date as “20255,” which is obviously wrong and wouldn’t happen in a real SEC document. Observers say this makes it look like the visuals were made just to support the story, not to show an actual filing.
The way the story spread on social media also looks strange. Several accounts posted the same version of the news at the same time, which makes it look coordinated. Grayscale has been focused on other crypto trusts and has not made any public statements about an ASTER ETF.
Given all this, investors should be careful. Even though the rumors caused a jump in ASTER’s price and trading activity, there is no real evidence of an official filing so far. Until Grayscale or the SEC confirms anything, this story should be treated as speculation and not a reason to make financial decisions.
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