Grayscale Ethereum Trust bought 48.4% of all mined ethers in 2020

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5,230,200 Shares Issued and Outstanding as of December 31, 2019
13,255,400 shares April 24, 2020.
0.09427052 ETH per share.
(13255400-5230200)*0.09427052 = 756539.777104 ETH bought since December 31, 2019.

ETH supply December 31, 2019 - 109094019.21875 ETH
ETH supply April 24, 2020 - 110657265.09375 ETH
Difference: 1563245.875 ETH
ETHE bought 48.4% of all mined ethers in 2020.

Given the recent increase in investments, this percentage could be much larger in the future.

EDIT (28 April):
turns out the fund fee is charged by slowly decreasing the amount of eth per share. As of today, it's 0.09425115 ETH per share. This means the bought amount in 2020 is a bit larger - the exact data is not public as it requires knowing the exact time ethers were bought.

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Posted: 4 years ago
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