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Grayscale announces the listing of its two spot Ethereum ETFs on the New York Stock Exchange

2024-07-23 17:47:10

ChainCatcher news, according to Cointelegraph, Grayscale has confirmed that its two spot Ethereum ETFs have officially begun trading on the New York Stock Exchange, marking a "milestone" moment for its investors and the broader ETF market.

Grayscale Managing Director John Hoffman stated in a statement: "ETH and ETHE will allow investors to invest in the potential of Ethereum to create markets, transform the financial system, leverage DeFi, and drive innovation through trusted ETP-wrapped products without the need to directly purchase, store, or manage Ethereum."

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