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What is Grayscale Investments doing with its ETH trust?


Nick Robinson

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ETH investors and enthusiasts will be happy to see that Greyscale Investments is yet again bringing great news. The company announced that shares of their ETHE ethereum-based trust got approved by the Financial Industry Regulatory Authority for public trading on OTC Markets. This approval of the U.S.-based cryptocurrency asset management firm’s trust is another great step towards crypto adoption, and ETH enthusiasts are more than happy to hear about this. The ETA on trading is not yet known, but it is estimated to start "soon." ETHE (Grayscale Ethereum-based Trust) is a trust that holds Ethereum, and derives its value solely from it.
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