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Grayscale Ethereum Trust Enters New Prime Broker Agreement

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Grayscale Ethereum Trust Enters New Prime Broker Agreement

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Grayscale Ethereum Trust (ETH) ( (ETHE) ) has issued an announcement.

On October 3, 2025, Grayscale Investments and Coinbase entered into a new Prime Broker Agreement, replacing the previous agreement from May 23, 2024. This agreement outlines the custodial and prime broker services for the Trust’s Ether, ensuring secure management and staking of assets. The Trust will engage in staking through Provider-Facilitated Staking, maintaining control over its Ether while allowing third-party providers to operate validator nodes. The Trust’s staking policy aims to maximize Ether staking while ensuring liquidity for redemptions, with a portion of staking rewards allocated to the Sponsor, Custodian, and Staking Provider.

More about Grayscale Ethereum Trust (ETH)

Grayscale Ethereum Trust (ETH) operates in the cryptocurrency industry, focusing on providing investment products related to Ethereum. The company offers a trust that allows investors to gain exposure to Ethereum without directly holding the cryptocurrency. Grayscale Ethereum Trust is part of Grayscale Investments, a leading digital currency asset manager.

Average Trading Volume: 6,696,906

Technical Sentiment Signal: Buy

Find detailed analytics on ETHE stock on TipRanks’ Stock Analysis page.

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