Grayscale Ethereum Mini Trust ETF Files Q1 2025 10-Q

Ticker: ETH · Form: 10-Q · Filed: 2025-05-02T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, cryptocurrency, ETF, Ethereum

Related Tickers: ETHE

TL;DR

Grayscale ETH Mini Trust 10-Q filed. All systems go for Q1 2025.

AI Summary

Grayscale Ethereum Mini Trust ETF filed its 10-Q for the period ending March 31, 2025. The filing details its investment activities and financial status, with key dates including the filing date of May 2, 2025, and the previous fiscal year end of December 31, 2024. The company's business address is C/O Grayscale Investments, LLC in Stamford, CT.

Why It Matters

This filing provides insight into the financial health and operational status of the Grayscale Ethereum Mini Trust ETF, which is relevant for investors and those tracking the cryptocurrency ETF market.

Risk Assessment

Risk Level: medium — The ETF's performance is directly tied to the volatile Ethereum market, and regulatory changes could impact its operations.

Key Numbers

Key Players & Entities

FAQ

What was the total value of investments held by the Grayscale Ethereum Mini Trust ETF as of March 31, 2025?

The filing does not explicitly state the total dollar amount of investments for the period ending March 31, 2025, but it references 'eth:InvestmentMember' and 'us-gaap:FairValueInputsLevel2Member' for that date.

When did the Grayscale Ethereum Mini Trust change its name?

The company formerly known as Grayscale Ethereum Mini Trust (ETH) changed its name on April 19, 2024.

Who is the sponsor of the Grayscale Ethereum Mini Trust ETF?

The sponsor is identified as 'eth:SponsorMember', with specific dates related to their role including May 31, 2024, November 19, 2024, and March 31, 2025.

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.

Are there any subsequent events mentioned in the filing as of April 28, 2025?

Yes, the filing references 'us-gaap:SubsequentEventMember' with a date of April 28, 2025.

From the Filing

0000950170-25-062747.txt : 20250502 0000950170-25-062747.hdr.sgml : 20250502 20250502160548 ACCESSION NUMBER: 0000950170-25-062747 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 58 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250502 DATE AS OF CHANGE: 20250502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale Ethereum Mini Trust ETF CENTRAL INDEX KEY: 0002020455 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets EIN: 996547880 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-42184 FILM NUMBER: 25908438 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-Q 1 eth-20250331.htm 10-Q 10-Q --12-31 0002020455 Q1 false Unlimited Unlimited 0.1 0002020455 us-gaap:CommonStockMember 2024-05-31 0002020455 2025-04-28 0002020455 eth:InvestmentMember 2025-03-31 0002020455 eth:AfterSix-MonthWaiverPeriodMember 2025-01-24 2025-01-24 0002020455 eth:SponsorMember 2024-05-31 0002020455 2024-11-19 2024-11-19 0002020455 us-gaap:SubsequentEventMember 2025-04-28 0002020455 us-gaap:FairValueInputsLevel2Member 2025-03-31 0002020455 2024-07-22 0002020455 us-gaap:FairValueInputsLevel3Member 2024-12-31 0002020455 eth:GrayscaleEthereumTrustMember 2024-07-23 0002020455 eth:SponsorMember 2025-03-31 0002020455 eth:FirstSixMonthsMember eth:SponsorMember 2024-07-23 2024-07-23 0002020455 2024-07-23 2024-12-31 0002020455 srt:MaximumMember eth:SponsorMember 2025-01-01 2025-03-31 0002020455 2025-03-31 0002020455 eth:SponsorMember 2025-01-23 2025-03-31 0002020455 eth:SponsorMember 2024-07-16 2024-07-16 0002020455 us-gaap:FairValueInputsLevel3Member 2025-03-31 0002020455 eth:SponsorMember 2024-07-23 2024-07-23 0002020455 2024-12-31 0002020455 srt:MinimumMember eth:NonSponsorPaidExpensesMember 2025-01-01 2025-03-31 0002020455 us-gaap:CommonStockMember 2024-05-31 2024-05-31 0002020455 eth:SponsorMember 2025-01-01 2025-03-31 0002020455 eth:GrayscaleEthereumTrustMember 2024-11-19 2024-11-19 0002020455 us-gaap:SubsequentEventMember 2025-04-28 2025-04-28 0002020455 eth:GrayscaleEthereumTrustMember 2025-03-31 0002020455 eth:InvestmentMember 2024-12-31 0002020455 us-gaap:FairValueInputsLevel1Member 2024-12-31 0002020455 eth:SponsorMember 2024-12-31 0002020455 us-gaap:FairValueInputsLevel2Member 2024-12-31 0002020455 2024-07-23 0002020455 eth:InvestmentInEthereumMember 2024-12-31 0002020455 eth:SponsorMember 2024-05-31 2024-05-31 0002020455 us-gaap:FairValueInputsLevel1Member 2025-03-31 0002020455 eth:InvestmentInEthereumMember 2025-03-31 0002020455 2025-01-01 2025-03-31 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 March 31, 2025 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 99-6547880 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.)   c/o Grayscale Investments Sponsors, 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 purs

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