This is largely a result of the Grayscale ETHE redemptions, a dynamic we saw (and continue to see) with...

Almost immediately, ETH pumped more than 30% from $3,000 to nearly $4,000, all but eliminating the ETHE...

For those who believed an ETH ETF approval was inevitable, the Grayscale Ethereum Trust (ETHE) turned...was reminded of a post from our own Tom Shaughnessy back in August that outlined the thesis for why ETHE...And so far, that thesis has played out incredibly well — ETHE has outperformed spot ETH by nearly 80...

They’re, they’re choosing Ethereum or most RWAs are issued on Ethe. Right. But Right.

Another kicker is that, similar to GBTC outflows, there is a similar supply overhang, with ETHE holding...If we expect similar outflows, we could see $5B of ETHE sold in the first four months of trading.

📊 GBTC And ETHE Trade at Record Discount to NAVs Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum...Trust (ETHE) are trading at the largest discount to net asset values ever with GBTC as well as ETHE...While DCG regularly bought back GBTC and ETHE shares, Genesis accepted them as collateral against loans...

Genesis owes $900M to Gemini DCG Liq – Grayscale $10B AUM x 2% = $200M x 3x multiple = $600M – GBTC/ETHE...

...case is that a lot of money has already positioned for the ETH (ETHBTC up ~12% since BTC approval, ETHE...

...exposure to ETH beyond holding spot ETH (or staking via stETH, cbETH and others) and I’ve landed on $ETHE...ETH over BTC long term, and the discount offers more opportunity (27% discount for GBTC vs 37% for ETHE...on the CME offers a more liquid or less fragmented market to trade on vs the massive BTC (or ETH for ETHE...I am long ETHE.

...trajectory, the pivotal role of stablecoins in DeFi liquidity, and the potential interplay of GBTC/ETHE...

...trajectory, the pivotal role of stablecoins in DeFi liquidity, and the potential interplay of GBTC/ETHE...

...trajectory, the pivotal role of stablecoins in DeFi liquidity, and the potential interplay of GBTC/ETHE...

Lyra Finance has decided to move its governance to Ethe...

Maybe punks are on base layer Ethereum but they were made like back when Ethe was very inexpensive and...