We believe the case for spot #Ethereum ETFs is just as strong as it was for spot #Bitcoin ETFs. Today we submitted new regulatory filings that would further expand our product suite. (1/5)

*Grayscale uses the generic term “ETF” to refer to exchange-traded investment vehicles, including those that are required to register under the Investment Company Act of 1940, as amended (the “40 Act”)... (5/6)

…as well as other exchange-traded products which are not subject to the registration of the ‘40 Act. ETHE is not registered under the 1940 Act and is not subject to regulation under the 1940 Act, unlike most mutual funds or ETFs. (6/6)

Our goal is for $ETH to launch as a spin-off from $ETHE. The 14C describes the mechanics of how shares of Grayscale Ethereum Mini Trust would be spun-off and distributed to ETHE shareholders, again subject to regulatory approval. (4/5)

No action is required of shareholders of Grayscale Ethereum Trust. The spin-off is not expected to be a taxable event for ETHE nor its shareholders. Read more on our website: grayscale.com/blog/general-upd...… (5/5)