CoinVoice recently learned that according to TheBlock, according to YCharts data, on July 3, ETHE's premium to net asset value reached 0.31%. The market expects that before the launch of the Ethereum spot ETF in the United States, ETHE will no longer trade at a negative premium.

Since the cryptocurrency bear market bottomed out in December 2022, ETHE has been trading at a negative premium. With the launch of the Bitcoin ETF in January, predictions about the US SEC's approval of the spot Ethereum ETF have continued to increase, and ETHE's negative premium has continued to narrow until it turned into a positive premium on the 3rd of this month. It is reported that Grayscale ETHE currently manages $9.5 billion in assets. [Original link]