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.
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