US Financial Industry Authority approves Grayscale Ethereum Trust listing transaction

On May 23, Grayscale Investments announced that its product, the Grayscale Ethereum Trust, has been approved by the US Financial Industry Regulatory Authority (FINRA) to issue eligible stocks and become the first publicly traded securities linked to ETH. The Ethereum Trust is similar to the grayscale Bitcoin Trust and can trade freely like other securities on the OTC market. After about two weeks, it will trade with the ETHE code.