Grayscale Ethereum Trust (ETH) Files 8-K
Ticker: ETHE · Form: 8-K · Filed: Jul 8, 2024 · CIK: 1725210
Sentiment: neutral
Topics: sec-filing, 8-k, trust-update
TL;DR
ETH Trust filed an 8-K, standard procedure, no major news.
AI Summary
On July 8, 2024, Grayscale Ethereum Trust (ETH) filed an 8-K report. The filing primarily concerns other events and financial statements, with no specific new financial figures or material events detailed in the provided text. The report confirms the company's status and filing details.
Why It Matters
This filing serves as a routine update for Grayscale Ethereum Trust (ETH), confirming its reporting status with the SEC.
Risk Assessment
Risk Level: low — The filing is a standard 8-K report with no new material information or significant financial changes disclosed.
Key Players & Entities
- Grayscale Ethereum Trust (ETH) (company) — Registrant
- July 8, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 212 668-1427 (phone_number) — Registrant's Telephone Number
- Grayscale Investments, LLC (company) — Address provider
FAQ
What is the primary purpose of this 8-K filing for Grayscale Ethereum Trust (ETH)?
The primary purpose of this 8-K filing is to report 'Other Events' and 'Financial Statements and Exhibits' as of July 8, 2024.
What is the exact date of the earliest event reported in this filing?
The date of the earliest event reported is July 8, 2024.
In which state is Grayscale Ethereum Trust (ETH) incorporated?
Grayscale Ethereum Trust (ETH) is incorporated in Delaware.
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.
Does this filing disclose any new financial performance or material business changes?
Based on the provided text, this filing appears to be a routine confirmation of reporting status and does not detail new financial performance or material business changes.
Filing Stats: 1,093 words · 4 min read · ~4 pages · Grade level 14.5 · Accepted 2024-07-08 16:41:00
Filing Documents
- ethe-20240708.htm (8-K) — 53KB
- ethe-ex99_1.htm (EX-99.1) — 29KB
- 0000950170-24-082144.txt ( ) — 206KB
- ethe-20240708.xsd (EX-101.SCH) — 28KB
- ethe-20240708_htm.xml (XML) — 5KB
01. Other Events
Item 8.01. Other Events. On July 8, 2024, Grayscale Investments, LLC, the sponsor (the "Sponsor") of Grayscale Ethereum Trust (ETH) (the "ETHE Trust"), issued a press release announcing that its board of directors has declared a pro rata distribution on the shares of the ETHE Trust (the "ETHE Shares"), pursuant to which each holder of ETHE Shares as of 4:00 PM ET on July 18, 2024 (the "Record Date," and such holders, the "ETHE Record Holders") will be entitled to receive shares (the "ETH Shares") of Grayscale Ethereum Mini Trust (ETH) (the "ETH Trust"), a Delaware statutory trust sponsored by the Sponsor, in connection with its previously announced initial creation and distribution of ETH Shares (such transactions collectively, the "Initial Distribution"), as described in a preliminary information statement on Schedule 14C (the "Preliminary Information Statement"), initially filed with the Securities and Exchange Commission on April 23, 2024, as amended through the date of this report and as may be further amended from time to time. The ETHE Trust will also file a definitive information statement on Schedule 14C with the Securities and Exchange Commission on or after the Record Date. In the Initial Distribution, the ETHE Trust will contribute 10% of the Ether that it holds as of 4:00 PM ET on the Record Date to the ETH Trust, and each ETHE Record Holder will be entitled to receive ETH Shares pro rata based on a 1:1 ratio, such that for each one (1) ETHE Share held by an ETHE Record Holder, such ETHE Record Holder will be entitled to receive one (1) ETH Share on the Distribution Date. The Distribution Date will be the first date following the Record Date on which the conditions to the Initial Distribution have been satisfied, including (i) the filing and effectiveness of the ETH Trust's registration statement on Form 8-A to register the ETH Shares under the Exchange Act, (ii) the effectiveness of the ETH Trust's registration statement on Form S-1 (Registration
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release, dated July 8, 2024, of Grayscale Investments, LLC 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: July 8, 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.