Cryptocurrency3 hours ago (Oct 04, 2020 09:40PM ET)
ETH 2.0 represents a material risk to Grayscale’s Ethereum Trust, says SEC filing
According to the latest SEC disclosure by the Grayscale Ethereum Trust, or ETHE, the impending transition of Ethereum (ETH) to the proof-of-stake consensus represents a risk that could have a “material adverse effect” on its shares.
The ETHE recently filed an application with the regulator to become an SEC-reporting company. Companies of this nature are required to discuss the risk factors that may have an adverse impact on the their performance within all quarterly and annual reports.
ETH 2.0 represents a material risk to Grayscale’s Ethereum Trust, says SEC filing
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