Grayscale’s ETHE shares tumble 50% as Ether skyrockets
A long-term arbitrage play from institutional investors may explain why shares in Grayscale’s Ethereum Trust have tanked by 50% in two weeks while Ether rallied 75%. Shares in fund manager Grayscale Investments’ Ethereum Trust plummeted by 50% this past fortnight, despite Ethereum rallying by 75% over the same period. ETHE shares represent 0.09620794 of an…
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