Share this article
Grayscale Reopens Its Ethereum Trust to Investors
The ether trust had been closed in late December.
Updated Sep 14, 2021, 11:04 a.m. Published Feb 1, 2021, 3:04 p.m.
Digital asset manager Grayscale Investments said Monday its Ethereum Trust (OTCQX: ETHE) is again open to accredited investors.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The company said the private placement of its shares in the trust is periodically offered throughout the year. The Ethereum Trust last closed its doors in late December, along with five other trusts.
- Grayscale offers its various trusts for investors looking for exposure to cryptocurrencies like bitcoin and ether without the challenges of buying and storing the cryptocurrency directly.
- As of Jan. 29, the Grayscale Ethereum Trust had more than $4 billion in assets under management, the firm said Monday.
- Grayscale – owned by Digital Currency Group, the parent company of CoinDesk – last week registered five new trusts for cryptocurrency assets, several being linked to the decentralized finance (DeFi) space.
- These and other recent trust registrations do not necessarily mean the investment vehicles will actually be launched, however.
Read more: Digital Asset Manager Grayscale Eyes DeFi Space With New Trust Filings
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
