According to BlockBeats, on May 20, data from Coinglass revealed that the Grayscale Ethereum (ETH) Trust (ETHE) and Ethereum Classic (ETC) Trust are currently experiencing negative premium rates of 22.72% and 41.95% respectively. Previously, BlockBeats reported that the negative premium rate of Grayscale ETHE had narrowed to 8.17% on March 9. The current negative premium rates indicate a significant increase in the discount on these trusts. The data suggests a shift in investor sentiment towards these specific cryptocurrency investments. However, the reasons behind this shift remain unclear and further analysis is required to understand the market dynamics at play.
Grayscale ETH and ETC Trusts Experience Negative Premium Rates
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