灰階加大以太坊 ETF 推動力度，推出更低費用選項

Grayscale Investments 宣布計劃將其以太坊信託 (ETHE) 升級為現貨以太坊 ETF。此外，該公司計劃推出一種費用較低的替代方案，稱為灰階以太坊迷你信託（ETH）。這些舉措旨在提高美國投資者投資以太坊的機會，並為不同的投資策略提供選擇。

Grayscale Accelerates Journey Towards Spot Ethereum ETF, Unveils Lower-Fee Alternative

Grayscale 加速邁向現貨以太坊 ETF 之旅，推出費用較低的替代方案

New York, NY – June 21, 2023 – Grayscale Investments, the world's largest crypto asset manager, has taken a pivotal step forward in its quest to establish a spot ethereum exchange-traded fund (ETF) by filing a crucial S-3 registration statement with the U.S. Securities and Exchange Commission (SEC).

紐約州紐約– 2023 年6 月21 日– 全球最大的加密資產管理公司Grayscale Investments 透過提交重要的S-3 註冊聲明，在建立現貨以太坊交易所交易基金(ETF) 的過程中邁出了關鍵的一步與美國證券交易委員會 (SEC) 合作。

The S-3 filing seeks to list shares of the Grayscale Ethereum Trust (ETHE) on a national securities exchange under the ticker symbol "ETHE." This move represents a significant milestone in the evolution of the crypto asset class, bringing the second-largest cryptocurrency by market capitalization further within the regulatory framework of the United States.

S-3 文件旨在將灰階以太坊信託 (ETHE) 的股票在國家證券交易所上市，股票代號為「ETHE」。此舉代表了加密資產類別發展的一個重要里程碑，使市值第二大的加密貨幣進一步納入美國的監管框架內。

"We are thrilled to continue our relentless pursuit of a spot ethereum ETF," exclaimed a Grayscale spokesperson. "This S-3 filing marks a major step towards achieving our ultimate goal of providing investors with a safe and convenient way to gain exposure to the burgeoning crypto market."

Grayscale 發言人表示：“我們很高興能夠繼續不懈地追求以太坊 ETF 現貨。” “這份 S-3 申請標誌著我們向實現我們的最終目標邁出了重要一步，即為投資者提供一種安全、便捷的方式來接觸新興的加密貨幣市場。”

Importantly, current shareholders of Grayscale Ethereum Trust do not need to take any action as a result of this filing.

重要的是，灰階以太坊信託的現有股東無需因該文件而採取任何行動。

Introducing Grayscale Ethereum Mini Trust: A Lower-Fee Alternative

推出灰階以太坊迷你信託：費用較低的替代方案

In a parallel development, Grayscale has submitted filings with the SEC to register shares of a new spot ethereum ETF called "Grayscale Ethereum Mini Trust" under the proposed ticker symbol "ETH." This new trust will be created through a spin-off and distribution from Grayscale Ethereum Trust.

同時，Grayscale 已向 SEC 提交文件，以註冊名為「Grayscale Ethereum Mini Trust」的新現貨以太坊 ETF 的股票，擬議的股票代號為「ETH」。這個新的信託將透過灰階以太坊信託的分拆和分配而創建。

"We believe that the Grayscale Ethereum Mini Trust would provide substantial benefits to existing ETHE shareholders," said Craig Salm, Grayscale's chief legal officer. "Shareholders will maintain the same exposure to ethereum while enjoying the advantage of a lower fee structure averaged across both products."

Grayscale 首席法務官 Craig Salm 表示：“我們相信 Grayscale 以太坊迷你信託將為現有 ETHE 股東帶來實質利益。” “股東將保持相同的以太坊敞口，同時享受兩種產品平均費用結構較低的優勢。”

Salm emphasized that investors have diverse needs, prompting Grayscale to offer a range of products tailored to specific investment strategies. The Grayscale Ethereum Mini Trust is designed to cater to investors seeking a cost-efficient, long-term investment in ethereum through their brokerage or retirement accounts.

Salm 強調，投資人有多樣化的需求，促使 Grayscale 提供一系列針對特定投資策略量身訂做的產品。灰階以太坊迷你信託旨在滿足透過經紀或退休帳戶尋求經濟高效、長期投資以太坊的投資者的需求。

A Promising Future for Ethereum

以太坊充滿希望的未來

The launch of a spot ethereum ETF would have a profound impact on the crypto asset market. It would provide institutional investors with a regulated and transparent investment vehicle, further legitimizing the asset class and attracting new capital inflows.

以太坊現貨ETF的推出將對加密資產市場產生深遠影響。它將為機構投資者提供受監管和透明的投資工具，進一步使資產類別合法化並吸引新的資本流入。

Grayscale's unwavering commitment to bringing a spot ethereum ETF to market reflects its belief in the long-term potential of ethereum. The cryptocurrency's robust network, versatility, and growing adoption by businesses and developers position it as a formidable force in the digital asset landscape.

Grayscale 堅定不移地致力於將以太坊 ETF 現貨推向市場，這反映了其對以太坊長期潛力的信念。這種加密貨幣強大的網路、多功能性以及企業和開發人員日益廣泛的採用，使其成為數位資產領域的強大力量。

As the regulatory environment for crypto assets continues to evolve, Grayscale remains at the forefront of innovation, leading the charge towards a more accessible and regulated crypto market. The company's latest filings are a testament to its unwavering dedication to providing investors with a comprehensive range of investment opportunities in the rapidly expanding crypto space.

隨著加密資產監管環境的不斷發展，Grayscale 始終走在創新的前沿，引領著更容易進入和監管的加密市場。該公司的最新文件證明了其堅定不移地致力於在快速擴張的加密貨幣領域為投資者提供全面的投資機會。