Grayscale Ethereum Mini Trust (ETH) Q3 2024 10-Q Filed

Ticker: ETH · Form: 10-Q · Filed: 2024-11-01T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, cryptocurrency, ethereum, trust-filing

Related Tickers: ETH-USD

TL;DR

ETH trust 10-Q is in: check out Q3 holdings and sponsor updates.

AI Summary

Grayscale Ethereum Mini Trust (ETH) filed its 10-Q for the period ending September 30, 2024. The filing details the trust's investments, including its holdings in Ethereum, and mentions various dates related to its operations and sponsor activities. The trust is managed by Grayscale Investments, LLC, located in Stamford, CT.

Why It Matters

This filing provides investors with an update on the financial status and holdings of the Grayscale Ethereum Mini Trust, crucial for understanding the trust's performance and the underlying Ethereum assets.

Risk Assessment

Risk Level: medium — The value of the trust is directly tied to the volatile price of Ethereum, and the trust's performance is subject to market risks and regulatory changes affecting digital assets.

Key Numbers

Key Players & Entities

FAQ

What was the total value of the Grayscale Ethereum Mini Trust's investments as of September 30, 2024?

The filing does not explicitly state the total dollar amount of investments for the period ending September 30, 2024, but it references 'InvestmentInEthereumMember' for this date.

Who is the sponsor of the Grayscale Ethereum Mini Trust?

The sponsor of the Grayscale Ethereum Mini Trust is Grayscale Investments, LLC, as indicated by multiple references to 'eth:SponsorMember'.

When was the Grayscale Ethereum Mini Trust's 10-Q filing submitted?

The 10-Q filing was submitted on November 1, 2024.

What are the different levels of fair value inputs mentioned in the filing?

The filing mentions us-gaap:FairValueInputsLevel1Member, us-gaap:FairValueInputsLevel2Member, and us-gaap:FairValueInputsLevel3Member for September 30, 2024.

Are there any subsequent events noted after the reporting period?

Yes, a subsequent event is noted with the date 2024-10-28, related to 'us-gaap:SubsequentEventMember'.

From the Filing

0000950170-24-120129.txt : 20241101 0000950170-24-120129.hdr.sgml : 20241101 20241101165137 ACCESSION NUMBER: 0000950170-24-120129 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 60 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241101 DATE AS OF CHANGE: 20241101 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale Ethereum Mini Trust (ETH) CENTRAL INDEX KEY: 0002020455 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-42184 FILM NUMBER: 241419761 BUSINESS ADDRESS: STREET 1: C/O GRAYSCALE INVESTMENTS, LLC STREET 2: 290 HARBOR DRIVE, 4TH FLOOR, CITY: STAMFORD, STATE: CT ZIP: 06902 BUSINESS PHONE: (212) 668-1427 MAIL ADDRESS: STREET 1: C/O GRAYSCALE INVESTMENTS, LLC STREET 2: 290 HARBOR DRIVE, 4TH FLOOR, CITY: STAMFORD, STATE: CT ZIP: 06902 10-Q 1 eth-20240930.htm 10-Q 10-Q --12-31 0002020455 false Q3 Unlimited 0002020455 us-gaap:FairValueInputsLevel2Member 2024-09-30 0002020455 us-gaap:CommonStockMember 2024-05-31 0002020455 us-gaap:FairValueInputsLevel1Member 2024-09-30 0002020455 2024-09-30 0002020455 eth:GrayscaleEthereumTrustMember 2024-07-18 0002020455 us-gaap:CommonStockMember 2024-05-31 2024-05-31 0002020455 eth:InvestmentInEthereumMember 2024-09-30 0002020455 eth:SponsorMember 2024-05-31 0002020455 eth:SponsorMember 2024-07-23 2024-09-30 0002020455 eth:NonSponsorPaidExpensesMember srt:MinimumMember 2024-07-23 2024-09-30 0002020455 us-gaap:FairValueInputsLevel3Member 2024-09-30 0002020455 eth:CoinbaseIncorporationMember eth:SponsorMember 2024-09-30 0002020455 2024-07-23 0002020455 eth:SponsorMember 2024-07-16 2024-07-16 0002020455 eth:SponsorMember eth:FirstSixMonthsMember 2024-07-23 2024-07-23 0002020455 eth:GrayscaleEthereumTrustMember 2024-07-23 0002020455 eth:GrayscaleEthereumTrustMember 2024-09-30 0002020455 us-gaap:SubsequentEventMember 2024-10-28 0002020455 2024-10-28 0002020455 us-gaap:SubsequentEventMember 2024-10-28 2024-10-28 0002020455 srt:MaximumMember eth:SponsorMember 2024-07-23 2024-09-30 0002020455 2024-07-23 2024-09-30 0002020455 eth:SponsorMember 2024-07-23 2024-07-23 0002020455 eth:InvestmentMember 2024-09-30 0002020455 eth:SponsorMember 2024-09-30 0002020455 eth:PriorToEndOfSixMonthPeriodMember eth:SponsorMember 2024-07-23 2024-07-23 0002020455 eth:SponsorMember 2024-05-31 2024-05-31 0002020455 2024-07-22 eth:Ether xbrli:pure xbrli:shares eth:Ethereum eth:Right iso4217:USD xbrli:shares iso4217:USD   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 001-42184   Grayscale Ethereum Mini Trust (ETH) SPONSORED BY GRAYSCALE INVESTMENTS, LLC (Exact Name of Registrant as Specified in Its Charter)         Delaware 99-6447880 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.)   c/o Grayscale Investments, LLC 290 Harbor Drive, 4 th Floor Stamford , Connecticut 06902 (Address of Principal Executive Offices) (Zip Code) ( 212 ) 668-1427 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Grayscale Ethereum Mini Trust (ETH) Shares ETH NYSE Arca, Inc.     Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject

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