Grayscale Ethereum Trust ETF

Grayscale Ethereum Trust ETF is a US-based company operating in industry. The company is headquartered in Stamford, Connecticut. The company went IPO on 2019-05-17. Grayscale Ethereum Trust ETF (the Trust) is a passive entity that is managed and administered by the Sponsor. The Trust’s purpose is to hold Ethereum Classic (ETC), which are digital assets that are created and transmitted through the operations of the peer-to-peer Ethereum Classic Network, a decentralized network of computers that operates on cryptographic protocols. The Trust’s investment objective is for the value of the shares to reflect the value of the ETC held by the Trust, determined by reference to the Index Price, less the Trust’s expenses and other liabilities. The activities of the Trust are limited to issuing baskets in exchange for ETC transferred to the Trust as consideration in connection with the creations, transferring or selling ETC, incidental rights and IR virtual currency as necessary to cover the Sponsor’s fee and/or any additional trust expenses, and transferring ETC in exchange for baskets surrendered for redemption.