$ETCG: DAmmmmmmnnnnnnnnnnnn.... MarketCap only $120Million ??????
Looks like $ETCG is the cheapest valuation out of all of Grayscales offerings........
Grayscale’s Publicly-Traded Offerings
Certain Grayscale products are publicly-traded** on OTC Markets, including OTCQX®. Shares of these products that have become unrestricted in accordance with the rules and regulations of the SEC may be bought and sold throughout the day via any brokerage account. These products include:
Grayscale Bitcoin Trust (symbol: GBTC),
Grayscale Bitcoin Cash Trust (symbol: BCHG),
Grayscale Ethereum Classic Trust (symbol: ETCG),
Grayscale Ethereum Trust (symbol: ETHE),
Grayscale Litecoin Trust (symbol: LTCN),
Grayscale Digital Large Cap Fund (symbol: GDLC).
Looks like $ETCG can go to $50 EASY from here without breaking a sweat.
GO $ETCG
Grayscale Ethereum Trust Announces Share Split
8:30 AM ET 12/2/20 | Dow Jones
Related Quotes
3:59 PM ET 2/19/21
Symbol Last % Chg
BCHG
42.60 9.23%
ETCG
20.49 24.71%
ETHE
22.09 4.59%
GBTC
56.70 7.18%
GDLC
45.27 17.52%
LTCN
311.01 -5.73%
Real time quote.
Grayscale Ethereum Trust Announces Share Split
New York, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Grayscale Investments(R), the world's largest digital currency asset manager and sponsor of Grayscale(R) Ethereum Trust (OTCQX: ETHE) (the "Trust"), today announced that it has declared a 9-for-1 split (the "Share Split") of the Trust's issued and outstanding common units of fractional undivided beneficial interest ("Shares"). With the Share Split, shareholders of record on December 14, 2020 (the "Record Date") will receive 8 additional Shares of the Trust for each Share held.
The Share Split will be effected on December 17, 2020 to shareholders of record as of the close of business on December 14, 2020. Following the Share Split, the Trust's Shares will continue to be quoted on the OTCQX under the symbol "ETHE."
Based on the Trust having 29,502,100 Shares issued and outstanding and each Share representing ownership of 0.09284789 of one Ethereum token as of the date of this press release, immediately after effectiveness of the Share Split on December 17, 2020, the Trust would have 265,518,900 Shares issued and outstanding and each Share would represent ownership of 0.01031643 of one Ethereum token.
