Persistent Discount Plagues Grayscale’s Ethereum Trust as ETF Decision Nears

As May approaches its end, a significant number of market watchers are keen to find out whether the U.S. Securities and Exchange Commission (SEC) will approve a spot ethereum exchange-traded fund (ETF). Although Grayscale retracted its plan to convert...

BigThink BigThink
May 15, 2024 - 21:06
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Persistent Discount Plagues Grayscale’s Ethereum Trust as ETF Decision Nears
Persistent Discount Plagues Grayscale’s Ethereum Trust as ETF Decision NearsAs May approaches its end, a significant number of market watchers are keen to find out whether the U.S. Securities and Exchange Commission (SEC) will approve a spot ethereum exchange-traded fund (ETF). Although Grayscale retracted its plan to convert its Ethereum Trust into a publicly traded ETF, the fund’s discount to net asset value (NAV) […]