Grayscale Ethereum Trust Files 8-K
Ticker: ETHE · Form: 8-K · Filed: Mar 6, 2024 · CIK: 1725210
Sentiment: neutral
Topics: auditor-change, financials, disclosure
Related Tickers: ETHE
TL;DR
Grayscale Ethereum Trust (ETH) filed an 8-K on March 1st, reporting auditor changes and financial docs.
AI Summary
On March 1, 2024, Grayscale Ethereum Trust (ETH) filed an 8-K report. The filing primarily concerns changes in the registrant's certifying accountant and includes financial statements and exhibits. The report was filed with the SEC on March 6, 2024.
Why It Matters
This filing indicates a change in the auditor for Grayscale Ethereum Trust, which could signal internal changes or a routine auditor rotation.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of administrative and financial information without immediate market-moving news.
Key Numbers
- 000-56193 — SEC File Number (Identifies the specific filing with the SEC.)
- 82-6677805 — IRS Employer Identification No. (Tax identification number for the trust.)
Key Players & Entities
- Grayscale Ethereum Trust (ETH) (company) — Registrant
- 290 Harbor Drive, 4th Floor, Stamford, Connecticut 06902 (location) — Principal Executive Offices Address
- March 1, 2024 (date) — Date of earliest event reported
- March 6, 2024 (date) — Filing Date
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report changes in the registrant's certifying accountant and to include financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on March 1, 2024.
On what date was this 8-K form filed with the SEC?
This 8-K form was filed with the SEC on March 6, 2024.
What is the principal executive office address for Grayscale Ethereum Trust (ETH)?
The principal executive office address is c/o Grayscale Investments, LLC, 290 Harbor Drive, 4th Floor, Stamford, Connecticut 06902.
What is the SEC file number for Grayscale Ethereum Trust (ETH)?
The SEC file number for Grayscale Ethereum Trust (ETH) is 000-56193.
Filing Stats: 858 words · 3 min read · ~3 pages · Grade level 15.7 · Accepted 2024-03-06 16:04:22
Filing Documents
- ethe-20240301.htm (8-K) — 46KB
- ethe-ex16_1.htm (EX-16.1) — 5KB
- 0000950170-24-027124.txt ( ) — 168KB
- ethe-20240301.xsd (EX-101.SCH) — 28KB
- ethe-20240301_htm.xml (XML) — 5KB
01 Changes in Registrant's Certifying Accountant
Item 4.01 Changes in Registrant's Certifying Accountant. (a) Dismissal of Previous Independent Registered Public Accounting Firm On March 1, 2024, the Audit Committee of the Board of Directors of Grayscale Investments, LLC, the sponsor (the "Sponsor") of Grayscale Ethereum Trust (ETH) (the "Trust"), approved the dismissal of the current independent registered public accounting firm of the Trust, Marcum LLP ("Marcum"), effective March 1, 2024. Marcum's responsibilities as the Trust's independent registered public accounting firm ceased upon completion of the audit engagement for the Trust's financial statements for the fiscal year ending December 31, 2023. The reports of Marcum on the financial statements of the Trust for the years ending December 31, 2023 and 2022 contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principle. In connection with the audits of the years ending December 31, 2023 and 2022 and the subsequent interim period from January 1, 2024 through March 1, 2024, there have been no "disagreements" (as defined in Item 304(a)(1)(iv) of Regulation S-K promulgated under the Exchange Act ("Regulation S-K") and the related instructions thereto) with Marcum on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Marcum, would have caused Marcum to make reference thereto in their report on the financial statements for such years. The Sponsor has furnished to Marcum the statements made in this Item 4.01. Attached as Exhibit 16.1 to this Form 8-K is Marcum's letter to the Securities and Exchange Commission (the "SEC"), dated March 6, 2024, regarding these statements. (b) Appointment of New Independent Registered Public Accounting Firm On March 1, 2024, the Audit Committee of the Board of Directors of the Sponsor approved the engagement of KPMG LLP ("
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 16.1 Letter, dated March 6, 2024 from Marcum LLP to the SEC, regarding change in certifying accountant of the Trust. 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 Trust (ETH) Date: March 6, 2024 By: /s/ Michael Sonnenshein Michael Sonnenshein Chief Executive Officer