Grayscale^® Ethereum Trust™ was created for investors seeking exposure to Ethereum through a familiar investment vehicle.

Its investment objective is for the value of its shares to reflect the price performance of Ethereum, less fees and expenses. Grayscale^® Ethereum Trust is solely and passively invested in Ethereum.

The price at which Grayscale Ethereum Trust (ETH) (“ETHE”) trades in the public market is subject to market forces.

ETHE is an investment vehicle that enables investors to gain access and exposure to Ethereum in the form of a security without the challenges of buying, storing, and safekeeping Ethereum directly. Shares are distributed through sales in private placement transactions and become eligible to sell into the public market after a statutory six-month holding period. While an investment in the shares is not a direct investment in Ethereum, the shares are designed to provide investors with a cost-effective and convenient way to gain investment exposure to Ethereum. The shares are quoted on OTCQX under the ticker symbol “ETHE.”

ETHE’s investment objective is for its shares (based on Ethereum per share) to reflect the value of the Ethereum held by ETHE, less ETHE’s expenses and other liabilities.

As noted in ETHE’s disclosure on the SEC’s website and the OTC Markets website under the headers “Disclosure” and “Company Profile” respectively, 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 instead have traded at both premiums and discounts to such value, which at times have been substantial. In the event the Shares trade at a substantial premium or discount, investors who purchase Shares on OTCQX will pay substantially more or less, respectively, for their Shares than investors who purchase Shares in the private placement.

Ethereum per share is updated daily here.

Simply type in symbol: ETHE into your brokerage account and start trading today!

Digital currencies such as Ethereum serve multiple roles in a diversified portfolio:

• As an inflation hedge and store of value in a landscape of currency debasement and decreasing purchasing power 
• As an uncorrelated return asset to provide diversification relative to stocks, bonds, commodities, currencies, and real estate.
• As an investment in emerging technology with growth exposure, as digital assets shape the future of finance, computing, social networks, and other industries.

Buying and holding Ethereum coin directly means you must set up a digital wallet where you manually buy and store your digital assets. ETHE offers investors an easy way to gain Ethereum exposure without the time and effort of storing and safekeeping it. Just as with any other retail investment, investors may quickly and easily buy and sell shares of ETHE versus the time it may require to manage Ethereum directly.

Certain Grayscale products may be accessed in brokerage accounts and in certain tax-advantaged accounts (e.g. IRAs, Self-Directed IRAs)

Digital currencies may provide diversification and non-correlation benefits. With the right-sized allocation, digital currency risks may be mitigated relative to potential gains, potentially providing returns while also helping to strengthen an investor’s overall risk/return profile.

Investments in ETHE are speculative investments that involve high degrees of risk, including a partial or total loss of invested funds. Grayscale products are not suitable for any investor that cannot afford the loss of the entire investment. Because ETHE does not currently operate a redemption program, there can be no assurance that the value of the Shares will reflect the value of ETHE’s assets, less ETHE’s expenses and other liabilities.

Each of Grayscale’s products allow investors to gain exposure to digital assets they are most interested in – you can find our entire list of single-asset and diversified products here.