Grayscale Ethereum Belief to implement 9-for-1 share break up

Digital asset supervisor Grayscale has introduced a share break up for its Belief — a transfer that would make the fund extra enticing to particular person traders.

In an official press launch, Grayscale introduced Wednesday that the break up might be carried out on Dec. 17, with shareholders of file receiving eight extra shares for each they presently personal. To be eligible for the break up, traders should be on the shareholder file by Dec. 14.