Grayscale Ethereum Trust Discount Hits Record Low as Spot ETF Prospects Diminish

Wednesday, 20 March 2024, 12:30

The Grayscale Ethereum Trust discount has plunged to -20%, signaling fading expectations for a May spot ETF. This decrease, the lowest since November 2023, reflects growing pessimism among investors. The slowdown in spot ETF optimism is felt with a -20% Grayscale Ethereum Trust discount, raising concerns among stakeholders.
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Grayscale Ethereum Trust Discount Hits Record Low as Spot ETF Prospects Diminish

Grayscale Ethereum Trust Discount Reaches Record Low

The discount for Grayscale Ethereum Trust has reached a new low of -20%, signifying escalating worries among investors.

Diminished Prospects for Spot ETF in May

The fading hopes for a May spot ETF have contributed to the plummeting discount rate, marking it as the lowest since November 2023.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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