GRAYSCALE ETHEREUM TRUST
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Grayscale Ethereum Trust is an investment vehicle. The Trusts investment objective is for the value of the shares (based on Ethereum (ETH) per share) to reflect the value of ETH held by the Trust, determined by reference to the Index Price, less the Trust's expenses and other liabilities. Its purpose is to hold ETH, which are digital assets that are created and transmitted through the operations of the peer-to-peer ETH network, a decentralized network of computers that operates on cryptographic protocols. The activities of the Trust includes issuing baskets in exchange for ETH transferred to the Trust as consideration in connection with the creations; transferring ETH, incidental rights and IR virtual currency as necessary to cover the sponsor's fee and/or any additional trust expenses; transferring ETH in exchange for baskets surrendered for redemption; and causing the sponsor to sell ETH, incidental rights and IR virtual currency on the termination of the Trust, among others.
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This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.