Grayscale's ETH product is trading at a more than 400% premium to NAV

Bitcoin • March 10, 2020, 4:38PM EDT
UPDATED: November 25, 2020, 3:48PM EST
The Block

Quick Take

  • Global markets are in turmoil, and crypto is no exception
  • Grayscale’s crypto products trade at a premium to the spot market
  • This opens the door to two potential trades, investors say. 
Grayscale's Ethereum Trust is trading at an immense premium relative to the spot price of its underlying asset, ethereum's native ETH token, according to a review of market data.
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