Grayscale’s Ethereum Trust Premium Follows Bitcoin Sibling Into Flipping Negative

Grayscaleâs Ethereum Trust (ETHE) is trading at a discount, one day after its bitcoin trust did the same.Â

The trust closed 5.21% below the price of ETH on Thursday after trading at a premium to the spot price of Ethereum since 2017, according to historical data from Skew. As of Fridayâs stock market close it traded 1.18% below the spot price.Â

Earlier in the month, it traded at a premium that was nearly 20% above the spot price.Â

Grayscale is owned by Digital Currency Group, CoinDeskâs parent company.

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