ETHE Premium or Discount

Definition

The percent difference between the market price(ETHE) and native asset value(ETH).
Premium=ETHE priceEthereum per share * Ethereum priceEthereum per share * Ethereum price\text{Premium} = \frac{\text{ETHE price} - \text{Ethereum per share * Ethereum price}}{\text{Ethereum per share * Ethereum price}}

Interpretation

High premium: It indicates the U.S. bullish market toward ETH, which also indicates downside risk.
Low premium: It indicates the U.S. bearish market toward ETH, which also indicates the upside risk.

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Last modified 1mo ago