Grayscale’s Ethereum Trust trades at a 725% premium, implying $230B ETH market cap

It’s been a record past few months for Grayscale Investments — an industry fund manager best known for its two flagship funds: the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust (ETHE). As reported by CryptoSlate previously, the Digital Currency Group-owned firm saw a vast amount of inflows — a company record, in fact. … Continue reading Grayscale’s Ethereum Trust trades at a 725% premium, implying $230B ETH market cap