Skip to content
Subscriber Only
Markets
Crypto

Crypto Trust’s 50% Price Collapse Highlights Liquidity Hazard

  • Grayscale Ethereum Trust has tumbled more than 50% this week
  • Net asset value premium had surged more than 800% since launch
    
Photographer: Tomohiro Ohsumi/Bloomberg
Updated on
From

Cryptocurrency enthusiasts are getting a reminder of the risks that remain in digital assets even while using structured investment vehicles.

The price of the Grayscale Ethereum Trust, which invests in the the world’s second-largest cryptocurrency, has tumbled more than 50% this week even though the value of the token has increased slightly.