Premiums Exceed more than 500% on Ethereum (ETH) Investment

Bloomberg reported, at one point, about 500 percent of premium prices were raised in Ethereum Trust provided by U.S. large investment fund company, Grayscale.

This level far exceeds the 290 percent premium recorded in February this year.

Ethereum (ETH) investment is an OTC transaction investment product that is linked to the ETH of the virtual currency owned by , Grayscale, just like Bitcoin (BTC) investment "GBTC." Funds are flowing in mainly from institutional investors.

According to the data, the price traded at Ethereum Trust is slightly above $90 for a market share of $16.10 (nine-day price) of Ethereum. On the GBTC side, which is linked to Bitcoin (BTC), the premium is only about 10%.

Ethereum prices plunged in mid-March but rebounded sharply from April 6th, with Ethereum and other Altcoin leading the way.

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