Grayscale Ethereum Trust (ETHE) is a pioneering security that exclusively invests in and derives its value from Ethereum. This ETF allows investors to gain exposure to ETH without the complexities of direct purchase, storage, and safekeeping. Shares are designed to track the market price of Ethereum, less fees and expenses. Sponsored by Grayscale, a major crypto asset management company with over a decade of experience in operating crypto investment products, ETHE offers a reliable means to invest in Ethereum. The trust was launched back in 2017, and the ETF started trading on July 23, 2024, with the primary listing on NYSE ARCA.