| Investment Objective: |
The investment objective1 of the Grayscale Ethereum Mini Trust (ETH) (the "Trust") is designed to reflect the value of Ether held by the Trust, determined by reference to the Index Price, less the Trust's expenses and other liabilities. Grayscale Ethereum Mini Trust (ETH) offers investors access to Ether in the form of an exchange-traded product, listed on NYSE Arca. Each share of the Trust represents ownership in the Trust, the sole assets of which are Ether. Investors gain exposure to Ether within a traditional brokerage account with all the benefits of an ETP. The spot price of Ether is determined by market participants across multiple constituent exchanges for the most representative spot price. Each constituent exchange is weighted proportionally to its trailing 24-hour liquidity with adjustments for price variance and inactivity. |