Grayscale Ethereum Mini Trust: Shares Set for Distribution on July 18
511 بار بازدید -
3 هفته پیش
-
Learn more:
Learn more: https://www.crypto-news-flash.com/gra...
Grayscale Investments has announced July 18, 2024, as the key date for the first issuance of its Grayscale Ethereum Mini Trust shares. This distribution allows Grayscale Ethereum Trust (ETHE) shareholders to receive shares of the new trust proportionate to their current holdings. Notably, ETHE will transfer 10% of its Ether assets to the Mini Trust. The new shares aim for listing on the NYSE Arca, pending regulatory approvals. This initiative reflects Grayscale's strategy to expand its range of crypto investment products while potentially enhancing shareholder value without requiring additional action from them. Following the distribution, both ETHE and the new ETH shares will be automatically credited to shareholders' accounts, with the distribution expected to be tax-neutral for U.S. federal income tax purposes.
Grayscale Investments has announced July 18, 2024, as the key date for the first issuance of its Grayscale Ethereum Mini Trust shares. This distribution allows Grayscale Ethereum Trust (ETHE) shareholders to receive shares of the new trust proportionate to their current holdings. Notably, ETHE will transfer 10% of its Ether assets to the Mini Trust. The new shares aim for listing on the NYSE Arca, pending regulatory approvals. This initiative reflects Grayscale's strategy to expand its range of crypto investment products while potentially enhancing shareholder value without requiring additional action from them. Following the distribution, both ETHE and the new ETH shares will be automatically credited to shareholders' accounts, with the distribution expected to be tax-neutral for U.S. federal income tax purposes.
3 هفته پیش
در تاریخ 1403/04/18 منتشر شده
است.
511
بـار بازدید شده