Cryptopolitan
2024-05-21 09:38:04

Grayscale Holds Discounted ETH Tokens: Will the Portfolio Survive the Denial of an Ethereum ETF?

Grayscale is sitting on a large wallet of Ethereum (ETH) acquired at discounted prices during previous market downturns. The Grayscale Ethereum Trust is now awaiting a verdict on whether it could transform into an ETF. In case the ETF proposal is declined by the US Securities and Exchange Commission (SEC), Grayscale may end up with

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