Market Lab Report - ETHE Update

Published:

4 Jan 2021 15:54 ET

The lockup period in ETHE has been shortened to 6 months to equal that of GBTC which could reduce ETHE's large premium. This could account for the selling we saw on Monday despite the price rise in ethereum over the weekend. This is a red flag which should be monitored. While ETHE has outperformed ethereum in prior bull runs, you may want to eliminate this added volatility which can swing both ways due to these added layers of complexity regarding the premiums and lockup periods. You would then want to buy ethereum not through Grayscale but through a cryptocurrency exchange (google keywords: how and where to buy ethereum on a crypto exchange) or through Paypal if you want to remove the counter party risk of trading on a cryptocurrency exchange.

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