Grayscale Investments today announced that it is splitting the stock of its Grayscale Ethereum Trust, likely to make it more affordable to retail investors priced out by the cryptocurrency market's boom. On December 14, Grayscale will split the shares of the Trust, which holds $1.6 billion assets under management, by 9 to 1. Anyone who currently owns shares in Grayscale will receive 8 extra shares. This will collapse the price of each share but makes no difference to the overall value of the fund. The Grayscale Ethereum Trust is the closest thing to a Bitcoin Exchange-Traded Fund. The fund, which is listed on the ... (full story)