The premium on Grayscale Ethereum Trust (GETH) is an annual charge assessed by the Trustee to cover the costs of running the Trust. The premium is paid by investors who hold GETH shares, and it is assessed at a rate of 2% of the net asset value of the Trust.
The premium is used to cover the cost of storage, insurance, and other expenses associated with running the Trust.
NOTE: WARNING: Investing in cryptocurrency is risky. The premium on Grayscale Ethereum Trust is especially high and volatile, so it is important to exercise caution when investing in this product. Please be aware that the value of Ethereum could decline at any time and could result in a loss of principal. It is advised to do your own research on cryptocurrency investments before making any decisions.
GETH shares are offered for sale at a price that includes the premium. The premium is not paid directly by investors, but it is included in the price of GETH shares.
When an investor buys GETH shares, they are paying the premium plus the cost of the underlying Ethereum.
The premium on GETH helps to cover the costs of running the Trust and provides a return to shareholders. The premium is assessed annually, and it is paid by investors who hold GETH shares.
2 Related Question Answers Found
As of late, Ethereum Classic (ETC) has been on the up and up. The price of ETC has more than doubled in the last month, and it doesn’t seem to be slowing down. This surge in price has led many investors to ask the question – is Grayscale Ethereum Classic Trust (GEC) a good investment?
Grayscale Ethereum Trust is not the same as Ethereum. While both are digital assets and can be used for investment purposes, there are several key differences between the two. For one, Grayscale Ethereum Trust is a trust that invests solely in Ethereum.
