Grayscale Files Updated 19b-4 for Ethereum Mini Trust (ETH)

IconCryptoNewsTerminal Staff21 May, 2024

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Grayscale Files Updated 19b-4 for Ethereum Mini Trust (ETH)

Bloomberg ETF analyst James Seyffart reported via Twitter that Grayscale has filed an updated version of its 19b-4 for the Ethereum Mini Trust (ETH) with the U.S. Securities and Exchange Commission (SEC). He added that “there are expected to be multiple filings today.” Grayscale is the world's largest digital currency asset manager. The company currently has over $50 billion in assets under management. The Ethereum Mini Trust is a closed-end fund that provides investors with exposure to the price of Ethereum. The 19b-4 filing is a registration statement that must be filed with the SEC before a security can be offered to the public. The filing provides information about the security, the issuer, and the offering. The updated 19b-4 filing for the Ethereum Mini Trust includes a number of changes, including: - An updated prospectus - A revised fee schedule - A new investment objective The updated filing is now available on the SEC's website.