“The market is weighing higher odds that Grayscale will be able to convert its ETHE product into an ETF following the push from traditional finance giants into the space,” Lucas Outumuro, head of research at crypto analytics firm IntoTheBlock, noted in a report.

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• Source: https://www.coindesk.com/markets/2023/09/08/grayscale-ethereum-trust-discount-drops-to-lowest-in-a-year-amid-spot-ether-etf-push/?utm_medium=referral&utm_source=rss&utm_campaign=headlines