Grayscale ETH Trust’s negative premium rate is 12.45%
According to Coinglass data, the current Grayscale ETH Trust negative premium rate is 12.45%, and the ETC Trust negative premium rate is 46.69%. In addition, the Grayscale LTC Trust premium rate is 50.08%, the BCH Trust premium rate is 46.36%, the SOL Trust premium rate is 299.46%, the MANA Trust premium rate is 448.01%, the LINK Trust premium rate is 265.94%, and the FIL Trust premium rate is 903.65%.
SEC Delays Decision on Grayscale's Ethereum ETF Offering Until 2024
The SEC has postponed its decision on Grayscale's Ethereum ETF offering. The proposed rule change would allow NYSE Arca to list and trade shares of the Grayscale Ethereum Trust. The SEC cited the need for more time to consider the proposal and the issues raised. The new deadline for a decision is January 25, 2024.