Grayscale Ethereum Trust Trading at 515% Premium

Cointelegraph

Published Apr 09, 2020 09:52PM ET

Updated Apr 09, 2020 11:40PM ET

Investors are paying a 515% premium to buy Ether through the Grayscale Ethereum Trust.

It costs $90.55 to buy a share in Grayscale Investments’ Ethereum Trust (ETHE), however its Ether holdings per share are currently worth just $16.10. That means it’s five times more expensive to buy Ether via the trust than on the open market.

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