Grayscale announces listing of two of its spot Ethereum ETFs on the New York Stock Exchange
2024-07-23 09:35
Odaily News Grayscale confirmed that its two spot Ethereum ETFs have officially begun trading on the New York Stock Exchange, which is a "milestone" moment for its investors and the broader ETF market. Grayscale Managing Director John Hoffman said in a statement: "ETH and ETHE will allow investors to invest in Ethereum's potential to create markets, change the financial system, leverage DeFi, and drive innovation through trusted ETP packaging products without having to directly purchase, store or manage Ethereum." (Cointelegraph) Yesterday, according to market news, the New York Stock Exchange ARCA approved the listing and registration of common shares of part of the undivided beneficial interest of Grayscale Ethereum Trust (ETH) in accordance with the Exchange Act of 1934.
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