Grayscale Ethereum Mini Trust ETF Files 2024 10-K

Ticker: ETH · Form: 10-K · Filed: 2025-02-28T00:00:00.000Z

Sentiment: neutral

Topics: etf, cryptocurrency, filing, ethereum

TL;DR

Grayscale ETH Mini Trust filed its 2024 10-K. Check financials & future plans.

AI Summary

Grayscale Ethereum Mini Trust ETF, formerly Grayscale Ethereum Trust, filed its 10-K for the fiscal year ending December 31, 2024. The filing details its business operations and financial status, with its principal executive offices located at c/o Grayscale Investments, LLC in Stamford, CT. A significant subsequent event noted was on February 24, 2025, related to the Sponsor.

Why It Matters

This filing provides investors and the public with a comprehensive overview of the Grayscale Ethereum Mini Trust ETF's financial health and operational details for the past fiscal year.

Risk Assessment

Risk Level: medium — As an ETF focused on a volatile asset like Ethereum, its performance and risks are inherently tied to the cryptocurrency market.

Key Numbers

2024-12-31 — Fiscal Year End (Reporting period for the 10-K)
2025-02-28 — Filing Date (Date the 10-K was submitted to the SEC)
001-42184 — SEC File Number (Unique identifier for the ETF's SEC filings)

Key Players & Entities

Grayscale Ethereum Mini Trust ETF (company) — Filer and reporting entity
Grayscale Ethereum Trust (company) — Former name of the entity
Grayscale Investments, LLC (company) — Administrator/Office location
2024-12-31 (date) — Fiscal year end
2025-02-28 (date) — Filing date
2025-02-24 (date) — Subsequent event date

FAQ

What was the former name of the Grayscale Ethereum Mini Trust ETF?

The former name was Grayscale Ethereum Trust, with a name change occurring on April 19, 2024.

When is the fiscal year end for this 10-K filing?

The fiscal year end is December 31, 2024.

What is the business address of the Grayscale Ethereum Mini Trust ETF?

The business address is c/o Grayscale Investments, LLC, 290 Harbor Drive, 4th Floor, Stamford, CT 06902.

What is the SEC file number for Grayscale Ethereum Mini Trust ETF?

The SEC file number is 001-42184.

Were there any significant subsequent events noted in the filing?

Yes, a subsequent event related to the Sponsor was noted on January 23, 2025, with a filing date of February 24, 2025.

From the Filing

0000950170-25-029407.txt : 20250228 0000950170-25-029407.hdr.sgml : 20250228 20250227203302 ACCESSION NUMBER: 0000950170-25-029407 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 72 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250228 DATE AS OF CHANGE: 20250227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale Ethereum Mini Trust ETF CENTRAL INDEX KEY: 0002020455 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 996447880 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-42184 FILM NUMBER: 25682129 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 FORMER COMPANY: FORMER CONFORMED NAME: Grayscale Ethereum Mini Trust (ETH) DATE OF NAME CHANGE: 20240419 10-K 1 eth-20241231.htm 10-K 10-K FY false 0002020455 true Nil Unlimited 0.1 0.1 http://fasb.org/srt/2024#ChiefExecutiveOfficerMember http://fasb.org/srt/2024#ChiefFinancialOfficerMember 1 0.1 0.1 0002020455 eth:SponsorMember 2024-05-31 2024-05-31 0002020455 eth:GrayscaleEthereumTrustMember 2024-07-23 0002020455 eth:NonSponsorPaidExpensesMember srt:MinimumMember 2024-07-23 2024-12-31 0002020455 2024-07-22 0002020455 us-gaap:FairValueInputsLevel2Member 2024-12-31 0002020455 2024-07-23 2024-12-31 0002020455 us-gaap:SubsequentEventMember 2025-02-24 2025-02-24 0002020455 eth:SponsorMember 2024-07-16 2024-07-16 0002020455 us-gaap:SubsequentEventMember eth:SponsorMember 2025-01-23 2025-02-24 0002020455 us-gaap:CommonStockMember 2024-05-31 0002020455 eth:InvestmentInEthereumMember 2024-12-31 0002020455 eth:InvestmentMember 2024-12-31 0002020455 eth:SponsorMember 2024-07-23 2024-12-31 0002020455 eth:SponsorMember 2024-12-31 0002020455 us-gaap:FairValueInputsLevel1Member 2024-12-31 0002020455 2025-02-24 0002020455 eth:SponsorMember eth:FirstSixMonthsMember 2024-07-23 2024-07-23 0002020455 eth:GrayscaleEthereumTrustMember 2024-07-18 0002020455 2024-06-30 0002020455 eth:GrayscaleEthereumTrustMember 2024-12-31 0002020455 us-gaap:SubsequentEventMember 2025-01-23 2025-01-23 0002020455 eth:SponsorMember us-gaap:SubsequentEventMember 2025-01-23 2025-02-24 0002020455 2024-07-23 2024-09-30 0002020455 eth:GrayscaleEthereumTrustMember 2024-11-19 2024-11-19 0002020455 eth:AfterSix-MonthWaiverPeriodMember us-gaap:SubsequentEventMember eth:SponsorMember 2025-01-24 2025-01-24 0002020455 eth:SponsorMember 2024-07-31 2024-12-31 0002020455 srt:MaximumMember eth:SponsorMember 2024-01-01 2024-12-31 0002020455 srt:MaximumMember eth:SponsorMember 2024-07-23 2024-12-31 0002020455 us-gaap:SubsequentEventMember 2025-02-24 0002020455 eth:PriorToEndOfSixMonthPeriodMember eth:SponsorMember 2024-07-23 2024-07-23 0002020455 2024-12-31 0002020455 2024-11-19 2024-11-19 0002020455 eth:SponsorMember 2024-05-31 0002020455 2024-10-01 2024-12-31 0002020455 us-gaap:FairValueInputsLevel3Member 2024-12-31 0002020455 2024-07-23 0002020455 us-gaap:CommonStockMember 2024-05-31 2024-05-31 eth:Ether xbrli:pure xbrli:shares eth:Ethereum eth:Right iso4217:USD xbrli:shares eth:Segment iso4217:USD     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 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 ETF SPONSORED BY GRAYSCALE OPERATING, LLC AND GRAYSCALE INVESTMENTS SPONSORS, 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 Identificat