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Grayscale Ethereum Classic Trust (ETC) (ETCG)

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Previous Close8.60
Open8.51
Bid0.00 x 0
Ask0.00 x 0
Day's Range8.09 - 8.75
52 Week Range4.67 - 23.77
Volume219,224
Avg. Volume216,433
Market CapN/A
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
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  • Grayscale Ethereum Trust Announces Share Split
    GlobeNewswire

    Grayscale Ethereum Trust Announces Share Split

    New York, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager and sponsor of Grayscale® Ethereum Trust (OTCQX: ETHE) (the “Trust”), today announced that it has declared a 9-for-1 split (the “Share Split”) of the Trust’s issued and outstanding common units of fractional undivided beneficial interest (“Shares”). With the Share Split, shareholders of record on December 14, 2020 (the “Record Date”) will receive 8 additional Shares of the Trust for each Share held.The Share Split will be effected on December 17, 2020 to shareholders of record as of the close of business on December 14, 2020. Following the Share Split, the Trust's Shares will continue to be quoted on the OTCQX under the symbol “ETHE.”Based on the Trust having 29,502,100 Shares issued and outstanding and each Share representing ownership of 0.09284789 of one Ethereum token as of the date of this press release, immediately after effectiveness of the Share Split on December 17, 2020, the Trust would have 265,518,900 Shares issued and outstanding and each Share would represent ownership of 0.01031643 of one Ethereum token. The Trust may create new Shares after the date of this press release and up through the Record Date. Shareholders are not required to take any action to receive the Shares in connection with the Share Split and they will not be required to surrender or exchange their Shares in the Trust. The transfer agent will automatically issue the new Shares in the Share Split.The transfer agent for Shares of the Trust is Continental Stock Transfer & Trust Company. For questions relating to the transfer or mechanics of the Share Split, stockholders may contact Continental Stock Transfer & Trust Company, 1 State Street, 30th Floor, New York, NY 10004-1561, or by phone at: 800-509-5586 (Domestic callers) or 212-509-4000 (International callers). If Shares are held by a bank, broker or other nominee, stockholders should contact that institution directly.Shareholders contemplating a transaction in the Trust’s Shares between the Record Date and payment date should consult a broker regarding their entitlement to the Share Split.About Grayscale Investments®  Grayscale Investments is the world’s largest digital currency asset manager, with more than $12.2B in assets under management as of November 30, 2020. Through its family of 10 investment products, Grayscale provides access and exposure to the digital currency asset class in the form of a security without the challenges of buying, storing, and safekeeping digital currencies directly. With a proven track record and unrivaled experience, Grayscale’s products operate within existing regulatory frameworks, creating secure and compliant exposure for investors. For more information, please visit www.grayscale.co or follow us on Twitter, @Grayscale. CONTACT: press@grayscale.co

  • Grayscale Investments Study Shows More than Half of U.S. Investor Survey Respondents Would Consider Investing in Bitcoin and 23% Already Have
    GlobeNewswire

    Grayscale Investments Study Shows More than Half of U.S. Investor Survey Respondents Would Consider Investing in Bitcoin and 23% Already Have

    Survey of 1,000 domestic investors looks at COVID-19 impacts, profile of the modern Bitcoin investor, and moreNew York, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Grayscale Investments, the world’s largest digital currency asset manager, today released its 2020 Bitcoin Investor Survey, the firm’s second annual review of investor perceptions, interests, and reservations about investing in Bitcoin. The study, conducted jointly by Grayscale and financial market research firm 8 Acre Perspective, revealed that, perhaps for the first time ever, more than half of U.S. investors (55%) would be interested in investing in Bitcoin, representing a potential U.S. market of nearly 32 million Bitcoin investor households.This marks a substantial increase in interest from 2019, when 36% of investors said they would consider a Bitcoin investment.The survey also showed how 2020 impacted both existing and potential Bitcoin investors: * Among existing Bitcoin investors, 83% bought in the last 12 months * About two thirds of Bitcoin investors who bought in the last four months said COVID-19 impacted their decision to invest * Among all respondents, including those who weren’t interested in Bitcoin, 39% said COVID-19 made Bitcoin more appealing, while just 13% said it made Bitcoin less appealing“This data makes it clear that investor interest in Bitcoin grew substantially in 2020. As investors become more familiar with Bitcoin and better understand the role it can play in a diversified portfolio, they are more likely to invest,” said Michael Sonnenshein, Managing Director at Grayscale Investments. “With Bitcoin increasingly being supported by mainstream names like PayPal, Square, MicroStrategy, and Paul Tudor Jones, we believe investor attitudes will continue to evolve toward greater acceptance of Bitcoin and the larger digital currency asset class.”Grayscale Investments commissioned this survey to better understand what motivates individuals to invest in Bitcoin, how the pandemic impacted interest in Bitcoin, and what headwinds still remain. The survey of 1,000 U.S. investors was conducted between June 26, 2020 and July 12, 2020.The full report is available for download here: https://gryscl.co/2HE9AZb.This press release is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. About Grayscale Investments®  Grayscale Investments is the world’s largest digital currency asset manager, with more than $7.3B in assets under management as of October 23, 2020. Through its family of 10 investment products, Grayscale provides access and exposure to the digital currency asset class in the form of a security without the challenges of buying, storing, and safekeeping digital currencies directly. With a proven track record and unrivaled experience, Grayscale’s products operate within existing regulatory frameworks, creating secure and compliant exposure for investors. For more information, please visit www.grayscale.co and follow @Grayscale. CONTACT: Press Contact press@grayscale.co

  • GlobeNewswire

    Grayscale Investments Secures More Than $1 Billion in New Investments in Q3

    Digital Currency Asset Manager Experiences Another Record-Breaking Quarter, Reflecting Demand for Digital Currency Asset ClassNew York, Oct. 14, 2020 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager, today released its 3Q20 Grayscale Digital Asset Investment Report, a comprehensive report that highlights investment activity across the Grayscale family of products.During the third quarter of 2020, Grayscale raised $1.05 billion into its investment products, marking the largest capital inflow in a single quarter in the firm’s history. Year-to-date investment into the Grayscale family of products has surpassed $2.4 billion, more than double the $1.2 billion cumulative inflow into the products from 2013-2019.Grayscale® Bitcoin Trust continued to lead investment demand, with inflows of $719.3 million in 3Q20. The Trust’s AUM has grown 147% YTD, making it one of the fastest growing investment products. Demand for other Grayscale products grew significantly in the third quarter as well, with investment into products excluding Grayscale Bitcoin Trust accounting for 31% of inflows during 3Q20. Among alternative products, the most notable increase in appetite has emerged for Grayscale® Bitcoin Cash Trust, Grayscale® Litecoin Trust, and Grayscale® Digital Large Cap Fund. On average, the aforementioned products saw inflows increase by more than 1,400% quarter-over-quarter.The majority of investment continued to come from institutional investors, accounting for 81% of investment in 3Q20. Additionally, investors continue to broaden their digital asset exposure, with 57% of investment coming from multi-product investors in 3Q20. To read the entire 3Q20 Grayscale Digital Asset Investment Report, visit: https://gryscl.co/33RIRkr.Grayscale's investment products are available to institutional and individual accredited investors through their respective periodic and ongoing private placements. Grayscale’s single-asset investment products provide exposure to Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Horizen (ZEN), Litecoin (LTC), Stellar Lumens (XLM), XRP, and Zcash (ZEC). Additionally, Grayscale’s diversified investment product, Grayscale Digital Large Cap Fund, provides exposure to the top digital currencies by market capitalization. As of September 30, 2020, Grayscale had approximately $5.9 billion in assets under management across its family of 10 products.Additionally, secondary markets exist for six of Grayscale’s products as Grayscale Bitcoin Trust (OTCQX: GBTC), Grayscale Bitcoin Cash Trust (OTCQX: BCHG), Grayscale® Ethereum Trust (OTCQX: ETHE),  Grayscale® Ethereum Classic Trust (OTCQX: ETCG), Grayscale Litecoin Trust (OTCM: LTCN) and Grayscale Digital Large Cap Fund (OTCQX: GDLC) are publicly-quoted and available to all individual and institutional investors on the OTCQX® Best Market and other OTC Markets.* *Each Product offers a private placement to accredited investors. The investment objective of each Product is for its Shares (based on digital assets per Share) to reflect the value of digital assets held by such Product, less such Product’s expenses and other liabilities.Because each Product does not currently operate a redemption program, there can be no assurance that the value of such Product’s Shares will reflect the value of the assets held by such Product, less such Product’s expenses and other liabilities, and the Shares of such Product, if traded on any secondary market, may trade at a substantial premium over, or a substantial discount to, the value of the assets held by such Product, less such Product’s expenses and other liabilities, and such Product may be unable to meet its investment objective.This press release is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.About Grayscale Investments®  Grayscale Investments is the world’s largest digital currency asset manager, with more than $5.9B in assets under management as of September 30, 2020. Through its family of 10 investment products, Grayscale provides access and exposure to the digital currency asset class in the form of a traditional security without the challenges of buying, storing, and safekeeping digital currencies directly. With a proven track record and unrivaled experience, Grayscale’s products operate within existing regulatory frameworks, creating secure and compliant exposure for investors. For more information, please visit www.grayscale.co and follow @Grayscale.  CONTACT: Press Contact press@grayscale.co