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Grey release: ETHE to distribute 10% of its ETH holdings to ETH mini-trust, record date July 18

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2024-07-09 00:11:08
The grey release announcement sets July 18, 2024 as the record date for the first creation and distribution of Grayscale Ethereum Mini Trust (ETH Mini Trust) shares to Grayscale Ethereum Trust (ETHE) share holders. Grey release plans to list ETH Mini Trust on NYSE Arca under the ticker symbol "ETH", subject to regulatory approval.
In addition, in the first distribution, ETHE will contribute to the ETH mini-trust 10% of the Ethereum it held at 4:00 PM EST on the record day, and each holder who holds ETHE shares as of 4:00 PM EST on the record day will be entitled to a 1:1 ETH mini-trust share.
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