Grayscale Ethereum Fund is an investment fund that offers exposure to the price movement of ETH, the native cryptocurrency of the Ethereum network. The fund is managed by Grayscale Investments, LLC, a digital currency asset manager.
The fund was launched in April 2017 and is currently one of the largest investors in Ethereum. As of March 31, 2018, the fund had $1.
06 billion in assets under management.
The Grayscale Ethereum Fund is open to accredited investors and institutional investors only. The minimum investment amount is $25,000.
The fund’s objective is to track the performance of ETH. The fund charges a 2% management fee and has an expense ratio of 0.
NOTE: WARNING: Investing in cryptocurrency is an inherently risky activity. Before investing in the Grayscale Ethereum Fund, you should carefully research and understand the potential risks and rewards of investing in the fund. You should also be aware that cryptocurrency prices are highly volatile and can go down as well as up. You should only invest what you can afford to lose and consider consulting a financial adviser before making any investment decisions.
5%.
The fund is denominated in U.S.
dollars and trades on the OTCQX market under the ticker symbol ETHE.
Grayscale Investments is a digital currency asset manager and subsidiary of Digital Currency Group, Inc. (DCG).
DCG is a holding company that invests in digital currencies and blockchain technology-related companies.
The Grayscale Ethereum Fund is one of several investment products offered by Grayscale Investments. Other products include the Bitcoin Investment Trust (BIT), the Ethereum Classic Investment Trust (ETCG), and the Digital Large Cap Fund (DLC).
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GrayScale Ethereum Trust is an investment product that allows investors to gain exposure to the price movement of ETH, without having to directly purchase or hold the underlying asset. The trust is currently one of the largest and most popular products in the digital currency space, with over $2 billion in assets under management. The trust is structured as a private placement and is only available to accredited investors.
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