• Update: Grayscale Ethereum Trust Now SEC Reporting Company

     

    We are pleased to share that Grayscale® Ethereum Trust's Registration Statement on Form 10 is now effective. This means that Grayscale Ethereum Trust* has become an SEC reporting company. The Trust's shares are now registered with the SEC, pursuant to Section 12(g) of the Exchange Act of 1934, as amended (the "Exchange Act").

    With this update, accredited investors** who purchase shares in the Grayscale Ethereum Trust private placement will have an earlier liquidity opportunity, as the statutory holding period will be reduced from 12 months to 6 months, provided the other requirements under Rule 144 of the Securities Act of 1933, as amended, have been satisfied.***

    For more information, please refer to the press release. We also encourage you to view our FAQ page for further details on the Form 10 process and its effect on Grayscale Ethereum Trust investors.

    To the extent that you have any questions, please feel free to reply directly. If you're an accredited investor and are interested in gaining exposure to Ethereum, we invite you to consider Grayscale Ethereum Trust, which is currently open for daily subscription.

    We look forward to continuing to serve you as we celebrate this important milestone.


    All the best,
    The Grayscale Team

    *The Grayscale Ethereum Trust Private Placement is offered to accredited investors.

    **An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person's primary residence).

    ***The holding period reduction becomes effective after Grayscale Ethereum Trust has been a reporting company for at least 90 days and has satisfied the other requirements under Rule 144 of the Securities Act of 1933, as amended.
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