Grayscale Ethereum Trust discount reaches -20% as Spot ETF Prospects Diminish for May

Wednesday, 20 March 2024, 12:30

The Grayscale Ethereum Trust discount has decreased significantly, hitting a low of -20%, reflecting diminishing expectations for a spot ETF launch in May. This drop signifies a challenging environment for investors eager to see a spot ETF materialize soon.
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Grayscale Ethereum Trust discount reaches -20% as Spot ETF Prospects Diminish for May

Grayscale Ethereum Trust Discount

The Grayscale Ethereum Trust discount has reached an alarming low of -20%, indicating a concerning trend for investors.

Spot ETF Prospects

Hopes for a spot ETF launch in May have dwindled, casting uncertainty on the future prospects for the cryptocurrency market.


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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