SEC Comment Letter 0000000000-24-000340 to Grayscale Ethereum Trust (ETH) (ETHE) (CIK 0001725210) (ETHE)
Grayscale Ethereum Trust (ETH) (ETHE) (CIK 0001725210)
Date: Jan. 10, 2024 · CIK: 0001725210 · Accession: 0000000000-24-000340
AI Filing Summary & Sentiment
File numbers found in text: 000-56193
Referenced dates: October 6, 2023
Letter
United States securities and exchange commission logo January 10, 2024 Michael Sonnenshein Chief Executive Officer Grayscale Investments, LLC 290 Harbor Drive, 4th Floor Stamford, Connecticut 06902 Re:Grayscale Ethereum Trust (ETH) Form 10-K for Fiscal Year Ended December 31, 2022 Form 10-Q for Fiscal Quarter Ended September 30, 2023 Responses Dated October 6, 2023 and November 21, 2023 File No. 000-56193 Dear Michael Sonnenshein: We have reviewed your response letters dated October 6, 2023 and November 21, 2023 and have the following comment. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 10-K for Fiscal Year Ended December 31, 2022 and Form 10-Q for Fiscal Quarter Ended September 30, 2023 General 1.Refer to your response to comment 9 in our September 14, 2023 letter and to the related disclosure in your Form 10-Q for the period ended September 30, 2023. While we do not have any further comments at this time regarding your response or that disclosure, please confirm your understanding that our decision not to issue additional comments should not be interpreted to mean that we either agree or disagree with your response or your disclosure, including any conclusions you have made, positions you have taken and practices you have engaged in or may engage in with respect to this matter.
FirstName LastNameMichael Sonnenshein Comapany NameGrayscale Investments, LLC January 10, 2024 Page 2 FirstName LastName Michael Sonnenshein Grayscale Investments, LLC January 10, 2024 Page 2 Please contact David Irving at 202-551-3321 or Mark Brunhofer at 202-551-3638 if you have questions regarding comments on the financial statements and related matters. Please contact Jessica Livingston at 202-551-3448 or David Lin at 202-551-3552 with any other questions. Sincerely, Division of Corporation Finance Office of Crypto Assets cc: Joseph Hall
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United States securities and exchange commission logo
January 10, 2024
Michael Sonnenshein
Chief Executive Officer
Grayscale Investments, LLC
290 Harbor Drive, 4th Floor
Stamford, Connecticut 06902
Re:Grayscale Ethereum Trust (ETH)
Form 10-K for Fiscal Year Ended December 31, 2022
Form 10-Q for Fiscal Quarter Ended September 30, 2023
Responses Dated October 6, 2023 and November 21, 2023
File No. 000-56193
Dear Michael Sonnenshein:
We have reviewed your response letters dated October 6, 2023 and November 21, 2023
and have the following comment.
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Form 10-K for Fiscal Year Ended December 31, 2022 and Form 10-Q for Fiscal Quarter Ended
September 30, 2023
General
1.Refer to your response to comment 9 in our September 14, 2023 letter and to the related
disclosure in your Form 10-Q for the period ended September 30, 2023. While we do not
have any further comments at this time regarding your response or that disclosure, please
confirm your understanding that our decision not to issue additional comments should not
be interpreted to mean that we either agree or disagree with your response or your
disclosure, including any conclusions you have made, positions you have taken and
practices you have engaged in or may engage in with respect to this matter.
FirstName LastNameMichael Sonnenshein
Comapany NameGrayscale Investments, LLC
January 10, 2024 Page 2
FirstName LastName
Michael Sonnenshein
Grayscale Investments, LLC
January 10, 2024
Page 2
Please contact David Irving at 202-551-3321 or Mark Brunhofer at 202-551-3638 if you
have questions regarding comments on the financial statements and related matters. Please
contact Jessica Livingston at 202-551-3448 or David Lin at 202-551-3552 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Crypto Assets
cc: Joseph Hall