FINRA approval opens up Grayscale’s Ethereum Trust to individual investors

FINRA approval opens up Grayscale’s Ethereum Trust to individual investors

Grayscale, a NY-based asset management company, received approval from FINRA to list its Grayscale Ethereum Trust (ETHE) shares on OTC markets. According to an earlier press release, as of April 30, each share of ETHE would be equivalent to 0.0966 Ethereum. However, the company also noted that the Ethereum in each share would decrease over a period of time as ETHE would not ’generate income’.

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