灰度加大以太坊 ETF 推动力度，推出更低费用选项

Grayscale Investments 宣布计划将其以太坊信托 (ETHE) 升级为现货以太坊 ETF。此外，该公司计划推出一种费用较低的替代方案，称为灰度以太坊迷你信托（ETH）。这些举措旨在提高美国投资者投资以太坊的机会，并为不同的投资策略提供选择。

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

Grayscale 加速迈向现货以太坊 ETF 之旅，推出费用较低的替代方案

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).

纽约州纽约 – 2023 年 6 月 21 日 – 全球最大的加密资产管理公司 Grayscale Investments 通过提交重要的 S-3 注册声明，在建立现货以太坊交易所交易基金 (ETF) 的过程中迈出了关键的一步与美国证券交易委员会 (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 文件旨在将灰度以太坊信托 (ETHE) 的股票在国家证券交易所上市，股票代码为“ETHE”。此举代表了加密资产类别发展的一个重要里程碑，使市值第二大的加密货币进一步纳入美国的监管框架内。

"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 发言人表示：“我们很高兴能够继续不懈地追求以太坊 ETF 现货。” “这份 S-3 申请标志着我们向实现我们的最终目标迈出了重要一步，即为投资者提供一种安全、便捷的方式来接触新兴的加密货币市场。”

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

重要的是，灰度以太坊信托的现有股东无需因该文件而采取任何行动。

Introducing Grayscale Ethereum Mini Trust: A Lower-Fee Alternative

推出灰度以太坊迷你信托：费用较低的替代方案

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.

与此同时，Grayscale 已向 SEC 提交文件，以注册名为“Grayscale Ethereum Mini Trust”的新现货以太坊 ETF 的股票，拟议的股票代码为“ETH”。这个新的信托将通过灰度以太坊信托的分拆和分配而创建。

"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 首席法务官 Craig Salm 表示：“我们相信 Grayscale 以太坊迷你信托将为现有 ETHE 股东带来实质性利益。” “股东将保持相同的以太坊敞口，同时享受两种产品平均费用结构较低的优势。”

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 强调，投资者有多样化的需求，促使 Grayscale 提供一系列针对特定投资策略量身定制的产品。灰度以太坊迷你信托旨在满足通过经纪或退休账户寻求经济高效、长期投资以太坊的投资者的需求。

A Promising Future for Ethereum

以太坊充满希望的未来

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.

以太坊现货ETF的推出将对加密资产市场产生深远影响。它将为机构投资者提供受监管和透明的投资工具，进一步使资产类别合法化并吸引新的资本流入。

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 坚定不移地致力于将以太坊 ETF 现货推向市场，这反映了其对以太坊长期潜力的信念。这种加密货币强大的网络、多功能性以及企业和开发人员日益广泛的采用，使其成为数字资产领域的一支强大力量。

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.

随着加密资产监管环境的不断发展，Grayscale 始终走在创新的前沿，引领着走向更容易进入和监管的加密市场。该公司的最新文件证明了其坚定不移地致力于在快速扩张的加密货币领域为投资者提供全面的投资机会。