{"id":32823,"date":"2020-12-04T10:39:01","date_gmt":"2020-12-04T08:39:01","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32823"},"modified":"2025-08-28T10:36:42","modified_gmt":"2025-08-28T07:36:42","slug":"grayscale-to-boost-liquidity-of-ethereum-trust-shares-with-91-stock-split","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/grayscale-to-boost-liquidity-of-ethereum-trust-shares-with-91-stock-split\/","title":{"rendered":"Grayscale to boost liquidity of Ethereum Trust shares with 9:1 stock split"},"content":{"rendered":"<p>Grayscale Investments <a href=\\\"https:\/\/www.globenewswire.com\/fr\/news-release\/2020\/12\/02\/2138335\/0\/en\/Grayscale-Ethereum-Trust-Announces-Share-Split.html\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">\u043f\u0440\u043e\u0432\u0435\u0434\u0435\u0442<\/a> stock split of the Ethereum Trust (ETHE) shares in the ratio 9:1. This will boost liquidity and access for retail investors.<!--more--><\/p>\n<p>On December 17, all ETHE shareholders as of December 14 will receive eight additional ETHE shares for each share held. The price of the new share will open nine times lower.<\/p>\n<p>As of writing, the ETHE fund comprises 29.5 million shares, each equivalent to owning 0.09284789 Ethereum. After the split, their number will rise to 265.5 million, each representing 0.01031643 Ethereum.<\/p>\n<p>On December 3, ETHE over-the-counter shares finished the day at $126.45. Since the start of the year, the stock price had risen by 391.1%. Over this period, Ethereum&#8217;s price rose by 376.8%.<\/p>\n<p>On November 6, the assets under management of Grayscale Investments <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-ethereum-trust-assets-top-1-billion\">surpassed<\/a> the $1 billion mark.<\/p>\n<p>On December 4, this figure reached $1.67 billion. ETHE&#8217;s share of the total assets under management by Grayscale Investments amounted to 13.25%, versus <a href=\"https:\/\/u1f987.com\/en\/news\/grayscales-cryptocurrency-funds-pull-in-a-record-1-05-billion-in-q3\">19.4%<\/a> in the third quarter.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">12\/03\/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.<\/p>\n<p>Total AUM: $12.6 billion<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BCH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BCH<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ETC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ZEN&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEN<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24XLM&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XLM<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24XRP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XRP<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ZEC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEC<\/a> <a href=\"https:\/\/t.co\/zse0K5NbZY\">pic.twitter.com\/zse0K5NbZY<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\"https:\/\/twitter.com\/Grayscale\/status\/1334622062422478851?ref_src=twsrc%5Etfw\">December 3, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As of December 4, users <a href=\"https:\/\/u1f987.com\/en\/news\/over-1-million-eth-deposited-into-ethereum-2-0-deposit-contract\">deposited<\/a> more than 1 million ETH into the deposit contract of the second version of the Ethereum protocol.<\/p>\n<p>For more on the new system, the features of the current Beacon Chain phase, and future stages of ETH2, read our coverage.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grayscale Investments will carry out a 9:1 stock split of Ethereum Trust (ETHE) shares. This will boost liquidity and access for retail investors.<\/p>\n","protected":false},"author":1,"featured_media":32824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[943,1211],"class_list":["post-32823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-grayscale-investments","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"82","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=32823"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32823\/revisions"}],"predecessor-version":[{"id":32825,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32823\/revisions\/32825"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/32824"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=32823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=32823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=32823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}