Grayscale Ethereum Classic Trust

Launched in 2013, the BIT is sponsored by Alternative Currency Asset Management (ACAM), a wholly-owned subsidiary of SecondMarket Holdings, Inc. and an affiliate of SecondMarket, Inc. (custodian, marketing and distribution partner). ACAM has engaged leading service providers Ernst & Young (auditor), Sidley Austin LLP (legal counsel), Continental Stock Transfer & Trust (transfer and administrative agent), and Corporation Service Company (trustee.

I've been bullish on digital assets and crypto-proxy assets in 2024, with cautious exceptions for Grayscale funds trading at large premiums. My bearish stance on the Grayscale Solana Trust contrasts with my bullish view on the Grayscale Digital Large Cap Fund due to its discount to NAV. The Grayscale Ethereum Classic Trust also trades at a large discount to NAV, but I'm skeptical about buying it despite that discount.

ETCG: Discounted For A Reason

ProShares Bitcoin Strategy ETF

Bitwise Crypto Innovators ETF

Global X Blockchain & Bitcoin Strategy ETF

Amplify Transformational Data Sharing ETF

Coinbase

VanEck Vectors Digital Transformation ETF

Grayscale Ethereum Trust

Fidelity Covington Trust-Fidelity Crypto Industry And Digital Payments Etf

Grayscale Bitcoin Trust

Invesco Alerian Galaxy Crypto Economy ETF

Valkyrie Bitcoin Miners ETF

Amid a lack of Wall Street dealmaking this year, ETF issuers have been busy crafting new strategies. Our data show that 2024 paces to be a banner year for new US ETFs. Option ETFs, leveraged single-stock funds, and crypto are all big themes – with a newcomer set to grab the headlines.

Charting 2024's ETF Boom - Ether Entering The Arena?

Grayscale Bitcoin Cash Trust 

Grayscale Digital Large Cap Fund LLC

New products reflect ongoing investor demand for diversified crypto exposure New products reflect ongoing investor demand for diversified crypto exposure

Grayscale Investments® Launches New Investment Trusts: Grayscale® Near Trust and Grayscale® Stacks Trust

Grayscale's Ethereum Classic Trust offers shares that reflect a stake in Ethereum Classic, making it accessible to a wider range of investors. The trust currently trades at a 42% discount to Net Asset Value. Ethereum Classic's upcoming halving is unlikely to create bullish sentiment given the broader market lull.

News for Grayscale Ethereum Classic Trust ETF (ETCG)