According to Odaily, Grayscale has announced that starting from July 18, purchasers of its Grayscale Ethereum Trust (ETHE) will no longer be able to obtain ETH shares from the initial allocation. This decision marks a significant change in the way the trust operates and impacts investors who were previously able to acquire Ethereum shares directly from the initial distribution. Grayscale has not provided specific reasons for this change but it is expected to influence the dynamics of Ethereum investments through the trust.

In addition to this, Grayscale has revealed plans to list a new product, the Grayscale Ethereum Mini Trust, on the New York Stock Exchange Arca. The new trust, which will trade under the ticker symbol 'ETH', is pending regulatory approval. This move is part of Grayscale's broader strategy to expand its offerings and provide more investment options for those interested in Ethereum. The introduction of the mini trust is anticipated to attract a different segment of investors, potentially those looking for smaller investment units compared to the existing Grayscale Ethereum Trust.

These developments come as Grayscale continues to navigate the evolving regulatory landscape and seeks to enhance its product lineup to meet the growing demand for cryptocurrency investment vehicles. The company's efforts to list the mini trust on a major exchange like NYSE Arca underscore its commitment to providing accessible and regulated investment opportunities in the digital asset space.