Odaily Planet Daily News Grayscale Investments announced that it has irrevocably given up the Ethereum allocated to these holders on behalf of the share holders on the record date of each product as of the close of business on September 26, 2022. All rights to PoW tokens (ETHPoW).
Grayscale said that after a thorough review and consultation with product service providers, it was determined that the product custodian does not support ETHPoW tokens and has not developed a trading venue with meaningful liquidity for ETHPoW tokens. As a result, the right to acquire and sell ETHPoW tokens cannot be exercised and Grayscale is therefore waiving its rights to these assets on behalf of record date share holders.
With respect to the foregoing matters, Grayscale is acting only in its capacity as agent of the Record Date Unitholders and not in its capacity as sponsor or administrator of the Products. (GlobeNewswire)