Two Grayscale Spot Ethereum ETFs Successfully Listed on New York Stock Exchange
Publication Time:2024-07-23 17:51:06
Digital asset management company Grayscale has confirmed that its two spot Ethereum exchange-traded funds (ETFs) -- ETH and ETHE -- have officially started trading on the New York Stock Exchange. This move marks further penetration of Ethereum into the traditional financial sector. Grayscale's Managing Director, John Hoffman, stated, 'ETH and ETHE will allow investors to invest in the potential of Ethereum to create markets, change financial systems, leverage DeFi, and drive innovation through a trusted ETP wrapper product without the need for direct purchase, storage, or management of Ethereum.' This move not only adds new vitality to the Ethereum ecosystem but also provides global investors with a safer and more convenient investment channel.
Ethereum
Grayscale
Investment
New York Stock Exchange
Spot Ethereum ETF