Grayscale Ethereum Trust discount narrows to 10% as odds of sp | Crypto News Source
Grayscale Ethereum Trust discount narrows to 10% as odds of spot ETH ETF approvals are raised
The Grayscale Ethereum Trust (ETHE) discount has narrowed to its lowest level in more than two months as investors anticipate spot ether ETF approvals in the U.S. The narrowing comes as investors expect regulators to approve spot ether ETF approvals in the U.S., where the Securities Exchange Commission requested firms looking to launch such funds update and refile documents needed for their approval.