Grayscale ETH Trust to be Listed at OTC Markets

Ethereum Trust (ETHE), like the more popular Grayscale product called Bitcoin Trust (GBTC), will be able to trade freely like other securities on the OTC market

24 May 2019 785

Cryptocurrency assets manager Grayscale Investments has received permission from the Financial Industry Regulatory Authority(FINRA) to list the securities of its Ethereum trust (ETHE) in the OTC Markets OTC trading system.

Thus, Ethereum Trust, like the more well-known Grayscale product called Bitcoin Trust (GBTC), will be able to trade freely like other securities on the OTC market.

Also, Grayscale Investments draws attention, this is the first case when listed shares connected with the second cryptocurrency capitalization Ethereum appear on the open market.

ETNE securities will be traded in two weeks.

ETNE is an unlimited trust, the value of assets and capitalization of which are tied to the market price of Ethereum. Investors will be able to earn on fluctuations in the price of Ethereum without the need to acquire and store cryptocurrency.

Grayscale Investments manages ten cryptocurrency funds, most of which are available only to accredited investors.

Ethereum Blockchain

Great Chinese Firewall to Block ETH Explorer

Looks like it's the first time that a blockchain observer (etherscan. io in this case) has become a target for Internet censorship in China

04 December 2019 97

The Great Chinese Firewall, used by the authorities to regulate access to foreign sites, blocked etherscan.io, one of the most popular services for viewing the statistics of the Ethereum network.

According to CoinDesk, as of early December, the portal is not accessible from IP addresses in mainland China. According to the service greatfire.org, blocking has been carried out at least since October 30.

Presumably this is the first time that a blockchain observer has become a target for Internet censorship in China.

This is another instance of friction between the decentralized and immutable technology of blockchain and the tightly controlled, centralized government of China. We should expect additional problems like these in the future as blockchain is integrated further into the Chinese economy and daily life.

Matthew Graham

CEO, Sino Global Capital

In his opinion, we should expect similar problems in the future, since the blockchain is increasingly being integrated into the Chinese economy.

It is not known exactly what caused etherscan.io to become blocked.

Last year, it was reported that users encoded censored articles in an Ethereum transaction and shared the hashes of these transactions in the WeChat messenger using etherscan.io.

Some have used this feature to post sensitive messages without the need to worry about the message being blocked or removed, or their identity being exposed. Anyone with a blockchain explorer like Etherscan can view these messages, so it is not surprising that this website has come in the crosshairs of internet censors.

Matthew Graham

CEO, Sino Global Capital

The founder of etherscan.io, Matthew Tan, confirmed that the site in China has been blocked "for the past three months." He could not name the exact date and reason for what happened.