U.S. Markets close in 1 hr 53 mins

Grayscale Ethereum Trust (ETH) (ETHE)

Other OTC - Other OTC Delayed Price. Currency in USD
Add to watchlist
17.42+0.65 (+3.88%)
As of 1:52PM EST. Market open.
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close16.77
Open17.69
BidN/A x N/A
AskN/A x N/A
Day's Range17.25 - 17.78
52 Week Range4.23 - 28.84
Volume3,360,491
Avg. Volume6,409,209
Market CapN/A
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Grayscale Investments® Expands Leadership Team with C-Suite Hires

    The firm names a new Chief Operating Officer, Chief Compliance Officer, and Chief People OfficerNew York, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital currency asset manager, today announced the official appointment of three new C-suite hires: Hugh Ross as Chief Operating Officer, Benjamin Melnicki as Chief Compliance Officer, and Angela Romano Kuo as Chief People Officer. This announcement follows closely from the appointment of long-time Managing Director Michael Sonnenshein to CEO in January, and reflects the exponential growth of the firm from a $2B in AUM asset manager in Q1 of 2020 to AUM of over $37B currently. In anticipation of the ongoing growth in investor demand for the firm’s popular digital currency trust products, the firm is focused on aggressively expanding its ranks at all levels and across all functions, including sales, marketing, compliance, engineering, finance, and operations. “I could not be more excited to announce the addition of Hugh, Ben, and Angela to the Grayscale leadership team,” said Sonnenshein. “All three of them display the unique combination of qualities we most value at Grayscale: ambition, integrity, and professionalism in all that they do. They also bring incredible, market-leading experience from their respective fields that we will begin leveraging immediately.” Ross joins from Horizon Kinetics LLC, a NYC-based investment manager where he spent 12 years as COO and led the firm’s crypto-asset initiatives including a series of crypto-asset private investment funds and two operating companies dedicated to cryptocurrency mining. Prior to that he was a Vice President at Goldman Sachs where he served as COO of the long-only investment manager research team then-known as Global Manager Strategies (GMS), within Goldman Sachs Asset Management (GSAM), part of the firm’s Investment Management Division. Ross holds a BBA from Emory University and a JD from New York Law School. Melnicki joins from Ripple Labs, Inc. where he most recently served as its Americas Head of Regulatory Affairs and Regulatory Counsel responsible for advising the business and product teams on the regulatory implications of existing and prospective business activity. Prior to Ripple, he served as Global Regulatory Counsel to Blockchain.com and as CCO and Regulatory Counsel for Noble Bank International. He has also held senior roles at Bank of America Corporation and Cantor Fitzgerald. Melnicki holds a BBA from the University of Delaware and a JD from New York Law School. Kuo is a seasoned executive with experience building and scaling the People function at several high-growth companies including DevaCurl, VTS, FanDuel, SecondMarket, and TheLadders. Over the span of her 20+ year career, she has helped lead organizations through rapid expansion while focusing on making those organizations amazing places for both career and personal development. She is skilled in coaching, building and nurturing relationships, building teams, and creating environments that drive employee engagement and support professional growth. Kuo holds a BBA and MBA from Ohio Dominican University. Last year, Grayscale doubled its headcount, and a key focus under Sonnenshein’s CEO leadership is to heavily invest in people, alongside technology and the brand. Open positions at Grayscale Investments for interested candidates can be found here: https://boards.greenhouse.io/grayscaleinvestments About Grayscale Investments® Grayscale Investments is the world’s largest digital currency asset manager, with more than $37.8B in assets under management as of February 12, 2021. Through its family of 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@grayscale.co

  • A bitcoin ETF could finally come this year: Mike Novogratz
    Yahoo Finance

    A bitcoin ETF could finally come this year: Mike Novogratz

    Long-considered the Holy Grail of retail crypto investment, a U.S.-listed bitcoin ETF may be on the horizon.

  • Grayscale® Ethereum Trust Announces Resumption of Private Placement
    GlobeNewswire

    Grayscale® Ethereum Trust Announces Resumption of Private Placement

    New York, Feb. 01, 2021 (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 the Trust will resume the private placement of its Shares. The Trust’s private placement is offered on a periodic basis throughout the year and is now available to accredited investors for daily subscription.* The Trust is an SEC reporting company with its Shares registered pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Trust is solely and passively invested in Ethereum and was created for investors seeking exposure to Ethereum through a singular investment vehicle without the challenges of buying, storing, and safekeeping Ethereum directly. As of January 29, 2021, the Trust had more than $4 billion in assets under management (AUM) and each share of the Trust represents 0.01027553 Ethereum. The Trust’s investment objective is for the value of its Shares (based on Ethereum per Share) to reflect the value of Ethereum held by the Trust, less the Trust’s expenses and other liabilities. To date, the Trust has not met its investment objective and the Shares quoted on OTCQX have not reflected the value of Ethereum held by the Trust less the Trust’s expenses and other liabilities, but have instead traded at a substantial premium over such value. Following a six-month holding period, shareholders who invest in the private placement may elect to sell their Shares at prices dictated by the market under the symbol: ETHE. The Trust is an investment vehicle with Shares titled in the investor’s name, providing a familiar structure for financial and tax advisors and easy transferability to beneficiaries under estate laws. Additionally, Shares are eligible to be held in certain IRA, Roth IRA, and other brokerage and investor accounts. The private placement Shares have not been registered under the Securities Act of 1933, as amended (the "Securities Act") or any state securities laws, and the Shares are being offered pursuant to an exemption from registration provided by Rule 506(c) of Regulation D under the Securities Act and in reliance on similar exemptions under applicable state laws. An investment in the Shares of the Trust is suitable only for sophisticated, well-informed investors, and investors will be required to represent that they are accredited investors as such term is defined in Rule 501(a) of Regulation D under the Securities Act. As a result, the Shares are restricted shares and are subject to a six-month holding period in accordance with Rule 144 under the Securities Act. Because of the six-month holding period and the lack of an ongoing redemption program, Shares should not be purchased by any investor who is not willing and able to bear the risk of investment and lack of liquidity for at least six months. No assurances are given that after the six-month holding period, there will be any market for the resale of Shares, or, if there is such a market, as to the price at which such Shares may be sold into such a market. Qualified investors should refer to the Trust’s private placement memorandum, which is available from Grayscale at info@grayscale.co, for a discussion of these and other risks. For more information, please visit: https://grayscale.co/ethereum-trust/. *The Trust offers a private placement to accredited investors. The Trust does not currently operate a redemption program. 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 $27.7B in assets under management as of January 29, 2021. Through its family of 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.