Grayscale Ethereum Trust Discount Narrows Amid ETF Approval Uncertainty

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The Grayscale Ethereum Trust (GET) is making headlines once again as its discount narrows to -20%, a level not seen since November 2023. This development comes amidst growing uncertainty surrounding the potential approval of a spot Ethereum exchange-traded fund (ETF) in May. GRAYSCALE ETHEREUM TRUST DISCOUNT HITS -20% The discount on the Grayscale Ethereum Trust has decreased to -20%, marking its lowest level since November 2023. This decline in discount comes amid waning optimism for the approval of a spot Ethereum ETF by May. Traders’ lack of… pic.twitter.com/IJrUuKZUVh — Crypto Town Hall (@Crypto_TownHall) March 20, 2024 Investors, seemingly less optimistic

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