Grayscale’s Ethereum Security Now Listed on OTC Markets
Grayscale Investments announced that its latest security, Grayscale Ethereum Trust, is open for trading on OTC Markets.
According to the post, ETHE is “an open-ended trust that holds Ethereum.” As further noted, this is a means of investing in Ethereum without having to actually hold the cryptocurrency. This means that the “first U.S.-based publicly quoted security solely invested in and deriving value from the price of Ethereum is available.”
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This is a great news. I have been investing in GBTC and ETCG. Today the price shot up and it is showing $580. It always trades on premium.