YCharts: Grayscale ETHE’s discount rate to net asset value hit a new low since December 2021

Golden Finance reported that according to YCharts data, as of yesterday’s close, Grayscale ETHE’s discount rate to net asset value fell to -6.7%, the lowest since December 2021, due to concerns that the US SEC will approve a spot Ethereum ETF. optimistic about the future. It is reported that the narrowing of discounts may be seen as an indicator of the likelihood of spot Ethereum ETF approval, and investors appear to be buying discounted stocks ahead of potential ETF conversions, like the Grayscale Bitcoin Trust (GBTC) conversion in January. The situation is the same as before for ETFs.