ETHE Premium or Discount

Definition

The percent difference between the market price(ETHE) and native asset value(ETH).

$$\text{Premium} = \frac{\text{ETHE price} - \text{Ethereum per share * Ethereum price}}{\text{Ethereum per share * Ethereum price}}$$

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.

Link to Our Data

• Grayscale Ethereum Trust (ETHE) in CryptoQuant Live Chart

• Grayscale Ethereum Trust (ETHE) in CryptoQuant Data API docs