Grayscale Ethereum Classic Trust
ETCG
Other OTC- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Peter Mintzberg
- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 290 Harbor Drive Stamford CT United States of America 10011
- IPO Date
- May 10, 2018
- CIK
- 0001705181
- Website
- grayscale.com
- Similar Companies
- Business
- Grayscale Ethereum Classic Trust (ETCG) (the "Trust") is a Delaware statutory trust sponsored by Grayscale Investments Sponsors, LLC that provides investors with exposure to Ethereum Classic (ETC), a digital asset secured by the Ethereum Classic Network, through shares quoted on OTC Markets Group Inc.'s OTCQX tier under the ticker symbol ETCG; the Trust holds ETC in cold storage with Coinbase Custody Trust Company, LLC as custodian, issues shares in baskets of 100 to authorized participants in exchange for ETC deposits, and seeks to reflect the value of its ETC holdings (less the Trust's liabilities and expenses) as determined by the CoinDesk Ether Classic Price Index (ECX); Shares are neither redeemable by the Trust nor interests in or obligations of the sponsor or trustee. The Trust's sole ordinary recurring expense is the Sponsor's Fee, which accrues daily at an annual rate of 2.50% (reduced from 3.00% prior to February 23, 2024) of the Trust's digital asset holdings fee basis amount (calculated using the Index Price), payable monthly in ETC created from Trust holdings; the sponsor assumes certain sponsor-paid expenses including custodian, administrator, transfer agent and marketing fees up to specified limits, while additional Trust expenses (such as extraordinary legal fees or taxes) are covered by selling ETC; as of December 12, 2025, the Trust reports non-GAAP assets under management of $141.98 million, net asset value per share of $10.15 (with 13,993,800 shares outstanding and 0.7860 ETC per share), and a market price per share of $6.98 quoted at a discount to NAV. Formed on April 18, 2017 (originally as Ethereum Classic Investment Trust, renamed January 11, 2019) and publicly quoted since May 10, 2018, the Trust is headquartered at 290 Harbor Drive, 4th Floor, Stamford, Connecticut 06902, and primarily serves U.S. and qualified international investors seeking targeted ETC exposure without direct custody complexities through conventional brokerage accounts; it operates as a passive investment vehicle without active management, staking, lending or derivative transactions, targeting accredited investors and institutions in the digital asset sector with a focus on the global ETC market. In January 2025, Grayscale Investments, LLC underwent a reorganization merging with Grayscale Operating, LLC, which then assigned sponsor contracts—including for the Trust—to Grayscale Investments Sponsors, LLC as the sole sponsor effective May 3, 2025, with no material operational impact anticipated; the Trust reported a net unrealized loss on ETC holdings of $93.0 million for Q1 2025 due to ETC price depreciation from $25.13 to $16.84, alongside net assets declining 33% to $188.5 million amid sponsor fee payments via ETC withdrawals, reflecting ongoing volatility in the ETC market where the Trust holds approximately 8% of circulating supply as of December 31, 2024.