| Investment Objective: |
The investment objective of the Grayscale Ethereum Trust ETF (ETHE) is to reflect the performance of the price of Ether, less the Trust's expenses. ETHE offers investors access to Ether in the form of an exchange traded fund, listed on the New York Stock Exchange. Each share in Grayscale Ethereum Trust represents ownership in the Trust, the sole assets of which are Ether. 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. |
