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Grayscale Files for Ether ETF Conversion, As First-Day Trading Starts with Lower-Than-Expected Volum

Grayscale Files for Ether ETF Conversion, As First-Day Trading Starts with Lower-Than-Expected Volum

Grayscale, the investment management team behind some of the world's biggest crypto funds, has moved to convert its Ethereum Trust (ETHE) into a spot exchange-traded fund (ETF). ETHE is the stock market's largest Ether-based fund, with over US $5 billion ($7.86 billion) worth of ETH held in reserve

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