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)...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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%
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Half of Aave’s debt sits in just 9% of positions built around one Ethereum correlation trade
Galaxy's Aug. 7 snapshot of Aave V3 Core found 19,073 loans on the protocol after applying standard filters. Fewer than 9% of thos...
Bitmine acquires 9,926 Ethereum, boosting total holdings to 5.8M ETH
Bitmine's aggressive ETH accumulation strategy raises concerns about market liquidity, governance centralization, and potential pr...
Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses
Tom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked...
Strategy raised $334 million from MSTR shareholders last week — Bitcoin got none of it
Strategy (formerly MicroStrategy) directed all $333.7 million raised from common-stock sales last week toward preferred-stock obli...
Ethereum’s Glamsterdam upgrade rewrites the ‘21,000 gas’ rule that wallets have used since day one
Ethereum's Glamsterdam upgrade prompts developers to adapt, ensuring sustainable network growth and altering longstanding gas fee...
Moscow Exchange plans to launch Bitcoin, Ethereum perpetual futures next month
MOEX's crypto futures expansion could enhance Russia's financial infrastructure, offering regulated crypto exposure and potentiall...