Grayscale Ethereum Mini Trust ETF Name Change
Ticker: ETH · Form: 8-K · Filed: Nov 20, 2024 · CIK: 2020455
Sentiment: neutral
Topics: name-change, trust-to-etf, filing
TL;DR
Grayscale Ethereum Mini Trust is now Grayscale Ethereum Mini Trust ETF.
AI Summary
Grayscale Ethereum Mini Trust ETF filed an 8-K on November 20, 2024, reporting events as of November 19, 2024. The filing indicates a change in the company's name from Grayscale Ethereum Mini Trust (ETH) to Grayscale Ethereum Mini Trust ETF, effective April 19, 2024. The ETF is registered in Delaware and its principal executive offices are located in Stamford, Connecticut.
Why It Matters
This filing formally announces the name change of the Grayscale Ethereum Mini Trust to Grayscale Ethereum Mini Trust ETF, reflecting its evolution and potential future structure.
Risk Assessment
Risk Level: low — The filing is a routine administrative update regarding a name change and does not involve significant financial or operational changes.
Key Numbers
- 001-42184 — SEC File Number (Identifies the ETF's filing with the SEC)
- 99-6447880 — IRS Employer Identification No. (Tax identification number for the ETF)
Key Players & Entities
- Grayscale Ethereum Mini Trust ETF (company) — Registrant
- Grayscale Ethereum Mini Trust (ETH) (company) — Former Company Name
- November 19, 2024 (date) — Date of earliest event reported
- November 20, 2024 (date) — Date of Report
- April 19, 2024 (date) — Date of Name Change
- Grayscale Investments, LLC (company) — Administrator/Address Provider
- Stamford, Connecticut (location) — Principal Executive Offices Location
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report the name change of the registrant from Grayscale Ethereum Mini Trust (ETH) to Grayscale Ethereum Mini Trust ETF.
When was the name change effective?
The name change was effective on April 19, 2024.
What is the new name of the registrant?
The new name of the registrant is Grayscale Ethereum Mini Trust ETF.
Where are the principal executive offices of the registrant located?
The principal executive offices are located at c/o Grayscale Investments, LLC, 290 Harbor Drive, 4th Floor, Stamford, Connecticut 06902.
What is the SEC file number for this registrant?
The SEC file number for Grayscale Ethereum Mini Trust ETF is 001-42184.
Filing Stats: 712 words · 3 min read · ~2 pages · Grade level 12.1 · Accepted 2024-11-20 16:02:04
Filing Documents
- eth-20241119.htm (8-K) — 48KB
- eth-ex99_1.htm (EX-99.1) — 24KB
- 0000950170-24-129219.txt ( ) — 197KB
- eth-20241119.xsd (EX-101.SCH) — 29KB
- eth-20241119_htm.xml (XML) — 5KB
01. Other Events
Item 8.01. Other Events. On November 19, 2024, Grayscale Investments, LLC (the "Sponsor") effected a previously-announced reverse share split of Grayscale Ethereum Mini Trust ETF's (the "Trust") shares, at a ratio of 1-for-10 (the "Reverse Share Split"), effective as of 5:00 p.m. Eastern Time (the "Effective Time"). At the Effective Time, every 10 (ten) shares of the Trust's existing shares automatically converted into 1 (one) share. As a result of the Reverse Share Split, a shareholder could hold a fractional share. Any fractional shares that were created as a result of the Reverse Share Split may either, at the discretion of such shareholder's Depository Trust Company ("DTC") participant, (i) be tracked by such DTC participant on its internal ledgers or (ii) be aggregated and sold after determination of the number of fractional shares that would be created as a result of the Reverse Share Split, and shareholders will receive the net cash proceeds of such sale in proportion to the fractional shares sold that would otherwise be held by such shareholder as a result of the Reverse Share Split. Fractional shares cannot trade on NYSE Arca, Inc. ("NYSE Arca"). Following the Reverse Share Split, as of November 20, 2024, the shares continue to trade on NYSE Arca under the symbol "ETH." The Reverse Share Split increased the price per share of the Trust to ten times the net asset value of a share prior to the Reverse Share Split, with a proportionate decrease in the number of shares outstanding (excluding fractional shares). The new CUSIP number for the shares following the Reverse Share Split is 38964R 203. The press release regarding the Reverse Share Split is filed as Exhibit 99.1 and incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release regarding the Reverse Share Split 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Grayscale Investments, LLC, as Sponsor of Grayscale Ethereum Mini Trust ETF Date: November 20, 2024 By: /s/ Edward McGee Name: Edward McGee Title: Chief Financial Officer* * The Registrant is a trust and the identified person signing this report is signing in their capacity as an authorized officer of Grayscale Investments, LLC, the Sponsor of the Registrant.