Grayscale is excited to announce the launch of Grayscale Ethereum Mini Trust, ticker: $ETH. Investors can get Ethereum exposure in their portfolio at 0% fee for the first six months*.
Grayscale Ethereum Trust (ETHE) is solely and passively invested in Ether. Its investment objective is to reflect the value of Ether held by the Trust, less expenses and other liabilities.
It’s important to note that the Grayscale Ethereum Mini Trust has seen significant inflows of capital recently, possibly due to its smaller size and potentially lower fees compared to the larger Ethereum Trust. However, the overall cryptocurrency market remains volatile, and investors should conduct thorough research before making any investment decisions.
What is Grayscale Ethereum Mini Trust?
Grayscale Ethereum Mini Trust (ETH) is a relatively new investment vehicle designed to provide exposure to Ethereum (ETH), a leading cryptocurrency. It was created through a spin-off from the larger Grayscale Ethereum Trust.
As the name suggests, it offers a smaller exposure to Ethereum compared to its parent trust. To track the price of Ethereum, minus fees and expenses. Provides a way for investors to gain exposure to Ethereum without the complexities of buying, storing, and safeguarding the cryptocurrency directly.
Like any investment in cryptocurrencies, it carries significant risk and volatility. Grayscale Ethereum Mini Trust (Ticker: ETH) and Grayscale Ethereum Trust (Ticker: ETHE) Begin Trading on NYSE Arca as Spot Ethereum ETPs according to news from Morningstar.
The Grayscale Ethereum Trust (“ETHE”) is not a fund registered under the Investment Company Act of 1940 and is not subject to regulation under the Investment Company Act of 1940, unlike most mutual funds or ETFs. ETHE is not suitable for all investors. An investment in ETHE is subject to a high degree of risk, has the potential for significant volatility, and could result in significant or complete loss of investment.
How to Invest in Grayscale Ethereum Mini Trust ($ETHE)
Grayscale Ethereum Trust (Ticker: ETHE) trades on NYSE Arca and is available through your brokerage account. To invest, click below to be redirected to brokerage platforms or search for ETHE on your platform of choice.
ETHE allows investors to gain exposure to Ether through a familiar investment vehicle, without the need to set up an account or wallet on a cryptocurrency exchange. Investors may choose ETHE if they prefer the convenience of accessing all their investments on their regular investment platform and purchasing a regulated investment product.
Benefit of Grayscale Ethereum Mini Trust
- ETHE is currently the largest* Ethereum fund in the world by AUM.
- Created in 2017, ETHE has a long operating history as the first publicly-traded Ethereum fund in the US.
- ETHE is sponsored by Grayscale, one of the world’s leading crypto asset managers with over a decade of experience operating crypto investment products.
About Grayscale
Grayscale enables investors to access the digital economy through a family of regulated and future-forward investment products. Founded in 2013, Grayscale has a proven track record and deep expertise as the world’s largest crypto asset manager. Investors, advisors, and allocators turn to Grayscale for single asset, diversified, and thematic exposure.