Loading...
Market
What will be the trading volume of ETH Trust on launch day (July 23, 2024)?
2
Grayscale Investments•Ether•Grayscale Ethereum Trust•ETHE•Grayscale Ethereum Mini Trust•ETH Trust•Grayscale
Resolution / Starting Odds
Below 1 million shares • 25%
1 million - 5 million shares • 25%
5 million - 10 million shares • 25%
Above 10 million shares • 25%
Publicly available trading volume data from financial market sources such as Bloomberg or Yahoo Finance
Story
Grayscale Announces 10% Spin-Off of ETHE to Create Ethereum Mini Trust
Jul 18, 2024, 02:22 PM
Grayscale Investments has announced a spin-off of 10% of the underlying Ether in its Grayscale Ethereum Trust (ETHE) to create a new Grayscale Ethereum Mini Trust (ETH Trust). This move, effective as of July 18, 2024, has caused a temporary drop of 8.8% in the price of ETHE, which some holders have misinterpreted as a loss in value. However, the overall exposure for holders remains the same, and the apparent drop is due to the distribution of the new mini ETF. The new ETF, to be airdropped to current ETHE holders, will launch on July 23, 2024. Grayscale assures investors that no value has been lost in the process, and holders are actually up 1.3% as they will receive an additional 11% of their ETHE value in the form of the new mini trust.
View original story
Similar markets
Less than 1 million shares • 25%
1-5 million shares • 25%
5-10 million shares • 25%
More than 10 million shares • 25%
Yes • 50%
No • 50%
$ETH • 13%
$ETHE • 13%
$ETHW • 13%
$CETH • 13%
$FETH • 13%
$EZET • 13%
$QETH • 13%
$ETHV • 13%
Bitwise > Grayscale > VanEck • 25%
Grayscale > Bitwise > VanEck • 25%
VanEck > Grayscale > Bitwise • 25%
Other • 25%
Less than 10,000 shares • 25%
10,000 to 50,000 shares • 25%
50,001 to 100,000 shares • 25%
More than 100,000 shares • 25%
BlackRock • 33%
Franklin Templeton • 33%
VanEck • 33%
Other • 1%
Yes • 50%
No • 50%
BlackRock • 17%
Franklin Templeton • 17%
VanEck • 17%
Invesco • 17%
Fidelity • 17%
Grayscale • 17%
BlackRock • 13%
Fidelity • 13%
Franklin Templeton • 13%
VanEck • 13%
Invesco Galaxy • 13%
21Shares • 13%
Bitwise • 13%
Grayscale • 13%
Less than $10 million • 25%
$10 million to $30 million • 25%
$30 million to $50 million • 25%
More than $50 million • 25%
Less than $5 billion • 25%
$5 billion to $10 billion • 25%
$10 billion to $15 billion • 25%
More than $15 billion • 25%
July 2, 2024 • 33%
July 9, 2024 • 33%
After July 9, 2024 • 34%