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Grayscale Ethereum Trust Discount Reaches Record 60%, GBTC at 45%

The Grayscale Ethereum Trust (ETHE) is currently trading at a steep discount to its assets under management (AUM) amid dwindling institutional interest in the fund. As of now, the fund’s discount to net asset value (NAV)...

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Grayscale Ethereum Trust Discount Reaches Record 60%, GBTC at 45%
The Grayscale Ethereum Trust (ETHE) is currently trading at a steep discount to its assets under management (AUM) amid dwindling institutional interest in the fund. 
As of now, the fund’s discount to net asset value (NAV) has plunged to a record 60%, the lowest premium rate since the inception of the ETHE. ETHE’s premium rate started to collapse significantly by the end of October after a gradual improvement in September amid the excitement around the Merge upgrade. ...
Read More: Grayscale Ethereum Trust Discount Reaches Record 60%, GBTC at 45%

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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