Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Malam90 on February 28, 2021, 02:51:45 PM
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Grayscale’s Ethereum Trust (ETHE) is trading at a discount, one day after its bitcoin (BTC, -6.22%) trust did the same.
The trust closed 5.21% below the price of ETH (-9.01%) on Thursday after trading at a premium to the spot price of Ethereum since 2017, according to historical data from Skew. As of Friday’s stock market close it traded 1.18% below the spot price.
Earlier in the month, it traded at a premium that was nearly 20% above the spot price.
Grayscale is owned by Digital Currency Group, CoinDesk’s parent company. Source Link (https://www.coindesk.com/grayscales-ethereum-trust-premium-follows-bitcoin-sibling-into-flipping-negative)