A long-term arbitrage play from institutional investors may explain why shares in Grayscale’s Ethereum Trust have tanked by 50% in two weeks while Ether rallied 75%.
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Bitcoin(BTC)$100,522.00-5.64%
Ethereum(ETH)$3,676.67-6.47%
Tether(USDT)$1.00-0.43%
XRP(XRP)$2.32-11.04%
BNB(BNB)$689.39-5.16%
Solana(SOL)$205.96-8.67%
Dogecoin(DOGE)$0.357387-10.52%
USDC(USDC)$1.00-0.36%
Lido Staked Ether(STETH)$3,667.54-6.71%
Cardano(ADA)$0.97-9.18%