Grayscale Ethereum Trust Discount Falls to Lowest in a Year Due to Spot Ether ETF Push
The discount to net asset value (NAV) of the Grayscale Ethereum Trust (ETHE) has fallen to its narrowest level in a year following this week’s regulatory filing for its first spot Ether exchange-traded fund (ETF). became.
As of Thursday afternoon’s close, the discount had fallen to 27% for the first time since last September, data from CryptoQuant shows. The discount had increased to almost 60% at the end of last year along with the crypto market collapse.
