Ethereum Classic Investment Trust


A flexible currency for the Internet of Things

Overview
Market Performance
Resources

Ethereum Classic Investment Trust’s shares are the first publicly quoted* securities solely invested in and deriving value from the price of ETC.

ETC Trust enables investors to gain exposure to the price movement of ETC through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping ETC.

*Publicly quoted on OTCQX® under the Alternative Reporting Standards

Investment Objective Shares track the ETC market price, less fees and expenses*
Benchmark Index TradeBlock ECX Index 24-hour VWAP
Symbol ETCG
CUSIP 297644106
ISIN US2976441061
Bloomberg ETCG US**
Inception Date 4/24/2017
Annual Fee 3% (includes Development Contribution)†
Development Contribution 1%†
AUM $53.5M‡
Shares Outstanding 4,910,100‡
ETC per Share 0.95776552‡
Independent Auditor: Friedman LLP
Legal Counsel: Davis Polk & Wardwell LLP
Transfer Agent: Continental Stock Transfer & Trust

* Ethereum Classic Investment Trust does not currently operate a redemption program and may halt creations from time to time. The Trust may, but will not be required to, seek regulatory approval to operate a redemption program.

† The Sponsor intends to direct up to one-third of the Annual Fee, for the first three years of the Trust's operations, towards the Ethereum Classic Cooperative, whose initiatives support development, marketing, and community activities of the Ethereum Classic Network. For more information, visit etccooperative.org

** Valuation represents the ETC Holdings of ETC Trust shares
‡ As of September 30, 2018

Titled, auditable ownership through a traditional investment vehicle

Ethereum Classic Investment Trust is a traditional investment vehicle with shares titled in the investors name, providing a familiar structure for financial and tax advisors and easy transferability to beneficiaries under estate laws.

Eligible for tax-advantaged accounts

Shares of Ethereum Classic Investment Trust are eligible to be held in certain IRA, Roth IRA, and other brokerage and investor accounts.

Publicly quoted

Eligible shares of Ethereum Classic Investment Trust are quoted on OTCQX® under the symbol: ETCG, making it possible to buy or sell shares continuously through the trading day at prices established by the market.

Supported by a network of trusted service providers

Davis Polk & Wardwell LLP serves as legal counsel to the Sponsor of Ethereum Classic Investment Trust. Financial statements for Ethereum Classic Investment Trust are audited annually by Friedman LLP.

Robust security and storage

The private keys for Ethereum Classic Investment Trust’s assets are maintained with Ledger SAS and protected by intense multi-factor security procedures.

The first publicly quoted Ethereum Classic investment vehicle

Ethereum Classic Investment Trust provides a secure structure to gain exposure to the price performance of ETC.  Eligible shares are quoted on the OTCQX®, the top marketplace operated by OTC Markets under the Alternative Reporting Standards. Investors can buy and sell shares through most traditional brokerage accounts at prices dictated by the market.

Market Price ETC Holdings
2018-10-16 9.72 9.15
2018-10-15 9.52 9.11
2018-10-12 8.27 8.92
2018-10-11 8.73 9.54
2018-10-10 9.35 10.29
2018-10-09 10.90 10.43
2018-10-08 11.24 10.44
2018-10-05 11.20 10.56
2018-10-04 11.79 10.62
2018-10-03 11.73 10.52
2018-10-02 11.90 10.74
2018-10-01 12.56 10.75
2018-09-28 12.76 10.89
2018-09-27 12.79 10.65
2018-09-26 12.34 10.60
2018-09-25 11.70 10.24
2018-09-24 12.58 10.76
2018-09-21 12.85 10.81
2018-09-20 12.25 10.30
2018-09-19 11.50 10.21
2018-09-18 12.15 9.98
2018-09-17 12.55 10.44
2018-09-14 12.85 10.65
2018-09-13 12.85 10.52
2018-09-12 12.70 10.07
2018-09-11 12.98 10.74
2018-09-10 13.90 10.77
2018-09-07 14.62 11.31
2018-09-06 14.71 11.05
2018-09-05 15.13 12.35
2018-09-04 17.27 13.47
2018-08-31 16.90 12.20
2018-08-30 17.40 12.26
2018-08-29 17.01 12.60
2018-08-28 17.80 12.11
2018-08-27 17.00 11.96
2018-08-24 17.59 11.95
2018-08-23 17.55 11.71
2018-08-22 17.47 12.40
2018-08-21 17.70 12.02
2018-08-20 19.71 12.66
2018-08-17 22.20 13.27
2018-08-16 22.68 13.15
2018-08-15 23.90 11.57
2018-08-14 22.01 10.48
2018-08-13 23.50 12.48
2018-08-10 27.00 14.42
2018-08-09 29.40 14.39
2018-08-08 29.68 15.66
2018-08-07 32.65 18.43
2018-08-06 32.16 17.11
2018-08-03 30.65 14.02
2018-08-02 32.79 14.60
2018-08-01 32.90 15.48
2018-07-31 31.04 16.12
2018-07-30 33.15 16.37
2018-07-27 34.05 16.08
2018-07-26 36.25 16.39
2018-07-25 36.50 15.93
2018-07-24 37.30 15.81
2018-07-23 38.23 15.71
2018-07-20 38.31 16.11
2018-07-19 40.35 16.74
2018-07-18 39.36 17.28
2018-07-17 38.19 16.85
2018-07-16 32.00 16.43
2018-07-13 30.29 15.87
2018-07-12 32.00 15.46
2018-07-11 31.86 15.64
2018-07-10 31.41 16.63
2018-07-09 33.07 17.79
2018-07-06 33.50 17.11
2018-07-05 29.75 16.39
2018-07-03 31.00 16.06
2018-07-02 29.00 15.84
2018-06-29 25.95 14.11
2018-06-28 28.10 14.83
2018-06-27 29.25 14.44
2018-06-26 31.00 15.09
2018-06-25 30.21 14.89
2018-06-22 30.00 15.62
2018-06-21 31.85 16.46
2018-06-20 33.99 15.16
2018-06-19 33.49 14.88
2018-06-18 36.84 14.22
2018-06-15 38.84 13.44
2018-06-14 39.80 13.21
2018-06-13 38.31 13.43
2018-06-12 40.10 14.56
2018-06-11 39.80 12.12
2018-06-08 43.35 14.83
2018-06-07 46.35 14.77
2018-06-06 43.70 14.79
2018-06-05 41.00 14.54
2018-06-04 41.00 15.07
2018-06-01 38.50 14.75
2018-05-31 43.70 14.84
2018-05-30 50.01 14.67
2018-05-29 57.94 14.21
2018-05-25 58.70 14.87
2018-05-24 58.15 14.54
2018-05-23 59.99 15.15
2018-05-22 56.00 16.63
2018-05-21 56.75 17.25
2018-05-18 52.50 16.69
2018-05-17 57.05 17.24
2018-05-16 50.00 16.88
2018-05-15 58.05 18.49
2018-05-14 48.01 17.68
2018-05-11 42.00 17.54
2018-05-10 27.50 20.40
2018-05-09 20.55
2018-05-08 22.02
2018-05-07 23.05
2018-05-04 21.56
2018-05-03 21.56
2018-05-02 20.69
2018-05-01 20.48
2018-04-30 21.46
2018-04-27 20.40
2018-04-26 18.56
2018-04-25 19.24
2018-04-24 20.79
2018-04-23 19.43
2018-04-20 18.17
2018-04-19 17.31
2018-04-18 16.29
2018-04-17 15.91
2018-04-16 15.72
2018-04-13 15.78
2018-04-12 14.39
2018-04-11 13.42
2018-04-10 13.10
2018-04-09 13.46
2018-04-06 12.95
2018-04-05 13.09
2018-04-04 13.71
2018-04-03 14.32
2018-04-02 13.52
2018-03-29 15.03
2018-03-28 15.75
2018-03-27 15.62
2018-03-26 16.07
2018-03-23 18.08
2018-03-22 18.91
2018-03-21 19.76
2018-03-20 18.82
2018-03-19 16.52
2018-03-16 17.57
2018-03-15 16.92
2018-03-14 18.05
2018-03-13 19.59
2018-03-12 20.44
2018-03-09 20.72
2018-03-08 22.38
2018-03-07 22.07
2018-03-06 25.27
2018-03-05 27.66
2018-03-02 30.96
2018-03-01 32.16
2018-02-28 33.45
2018-02-27 34.99
2018-02-26 34.21
2018-02-23 33.29
2018-02-22 31.86
2018-02-21 35.11
2018-02-20 39.57
2018-02-16 32.80
2018-02-15 33.30
2018-02-14 33.23
2018-02-13 30.13
2018-02-12 26.34
2018-02-09 23.14
2018-02-08 19.62
2018-02-07 18.72
2018-02-06 16.16
2018-02-05 17.87
2018-02-02 21.10
2018-02-01 24.88
2018-01-31 26.31
2018-01-30 28.28
2018-01-29 30.70
2018-01-26 27.45
2018-01-25 28.75
2018-01-24 28.23
2018-01-23 27.60
2018-01-22 29.40
2018-01-19 31.27
2018-01-18 29.71
2018-01-17 25.71
2018-01-16 33.00
2018-01-12 32.69
2018-01-11 33.19
2018-01-10 36.24
2018-01-09 33.23
2018-01-08 33.34
2018-01-05 32.53
2018-01-04 33.75
2018-01-03 30.88
2018-01-02 31.30
2017-12-29 26.96
2017-12-28 26.23
2017-12-27 28.70
2017-12-26 29.15
2017-12-22 27.08
2017-12-21 38.30
2017-12-20 37.48
2017-12-19 39.31
2017-12-18 36.55
2017-12-15 29.18
2017-12-14 30.93
2017-12-13 30.72
2017-12-12 28.94
2017-12-11 26.95
2017-12-08 24.43
2017-12-07 24.78
2017-12-06 26.65
2017-12-05 28.05
2017-12-04 28.18
2017-12-01 26.94
2017-11-30 24.33
2017-11-29 28.09
2017-11-28 29.50
2017-11-27 23.44
2017-11-24 18.96
2017-11-22 17.48
2017-11-21 17.79
2017-11-20 18.26
2017-11-17 16.84
2017-11-16 16.35
2017-11-15 16.94
2017-11-14 16.97
2017-11-13 14.98
2017-11-10 14.29
2017-11-09 13.89
2017-11-08 13.62
2017-11-07 13.75
2017-11-06 14.07
2017-11-03 10.74
2017-11-02 9.80
2017-11-01 10.28
2017-10-31 10.52
2017-10-30 10.67
2017-10-27 10.14
2017-10-26 10.32
2017-10-25 10.18
2017-10-24 10.35
2017-10-23 10.00
2017-10-20 11.11
2017-10-19 11.14
2017-10-18 11.01
2017-10-17 11.89
2017-10-16 11.79
2017-10-13 11.53
2017-10-12 11.45
2017-10-11 11.23
2017-10-10 11.20
2017-10-09 11.51
2017-10-06 12.01
2017-10-05 11.66
2017-10-04 11.91
2017-10-03 11.94
2017-10-02 12.53
2017-09-29 12.68
2017-09-28 12.99
2017-09-27 12.01
2017-09-26 11.49
2017-09-25 10.58
2017-09-22 9.97
2017-09-21 10.70
2017-09-20 11.32
2017-09-19 11.68
2017-09-18 11.67
2017-09-15 10.45
2017-09-14 12.73
2017-09-13 14.17
2017-09-12 15.37
2017-09-11 15.30
2017-09-08 17.41
2017-09-07 18.50
2017-09-06 17.92
2017-09-05 16.58
2017-09-01 18.94
2017-08-31 16.02
2017-08-30 15.74
2017-08-29 15.68
2017-08-28 15.77
2017-08-25 15.07
2017-08-24 15.32
2017-08-23 15.35
2017-08-22 14.01
2017-08-21 13.98
2017-08-18 13.79
2017-08-17 13.84
2017-08-16 13.32
2017-08-15 13.43
2017-08-14 14.02
2017-08-11 15.07
2017-08-10 15.26
2017-08-09 15.68
2017-08-08 15.18
2017-08-07 15.18
2017-08-04 14.94
2017-08-03 14.86
2017-08-02 14.59
2017-08-01 13.96
2017-07-31 13.48
2017-07-28 14.09
2017-07-27 14.41
2017-07-26 14.35
2017-07-25 15.09
2017-07-24 15.92
2017-07-21 16.26
2017-07-20 14.95
2017-07-19 15.48
2017-07-18 15.15
2017-07-17 14.43
2017-07-14 17.02
2017-07-13 18.10
2017-07-12 16.67
2017-07-11 13.99
2017-07-10 15.76
2017-07-07 16.84
2017-07-06 17.25
2017-07-05 17.20
2017-07-03 17.19
2017-06-30 18.10
2017-06-29 18.31
2017-06-28 17.91
2017-06-27 16.56
2017-06-26 17.50
2017-06-23 19.67
2017-06-22 18.83
2017-06-21 19.80
2017-06-20 21.04
2017-06-19 21.20
2017-06-16 17.10
2017-06-15 16.26
2017-06-14 19.57
2017-06-13 19.57
2017-06-12 20.67
2017-06-09 17.22
2017-06-08 17.20
2017-06-07 17.80
2017-06-06 17.19
2017-06-05 16.85
2017-06-02 16.56
2017-06-01 16.75
2017-05-31 16.81
2017-05-30 16.97
2017-05-26 16.56
2017-05-25 19.14
2017-05-24 13.58
2017-05-23 9.38
2017-05-22 8.28
2017-05-19 6.90
2017-05-18 6.13
2017-05-17 5.79
2017-05-16 6.12
2017-05-15 6.49
2017-05-12 6.28
2017-05-11 6.32
2017-05-10 6.37
2017-05-09 5.79
2017-05-08 6.63
2017-05-05 7.28
2017-05-04 7.05
2017-05-03 6.57
2017-05-02 6.58
2017-05-01 6.91
2017-04-28 4.94
2017-04-27 4.89
2017-04-26 4.30
2017-04-25 3.98
2017-04-24 3.81
Market Price per share*
At close as of 10/16/2018
$9.72
Day Change 2.10%
ETC Holdings per Share**
At close as of 10/16/2018
$9.15
Day Change 0.44%
Returns‡ 1 Day 1 Month 3 Months YTD 12 Months Since Inception
Market Price* 2.10% -24.36% -69.63% - - -%
ETC Holdings / Share** 0.44% -14.08% -44.31% -66.06% -22.39% 140.16%

Past performance is not necessarily indicative of future results.

* Market Price per share reflects the closing price of ETC Trust shares at 4PM ET on OTCQX® under the symbol: ETCG as of the date indicated on http://www.otcmarkets.com/stock/ETCG/quote.

** ETC Holdings per share is calculated daily at 4pm ET, based on a 24 hour VWAP of TradeBlock’s ECX Index. If you would like to see how the ETC Holdings is calculated, please refer to the disclosure language on OTC Markets.

‡ At close as of 10/16/2018

Ethereum Classic Investment Trust in the News

05.04.18

Grayscale Investments Announces Approval of Public Quotation for Eligible Shares of Ethereum Classic Investment Trust

NEW YORK, May 4, 2018 /PRNewswire/ -- Grayscale Investments, LLC, a leader in digital currency asset management and the sponsor of Bitcoin Investment Trust (OTCQX: GBTC), today announced that common units of fractional undivided beneficial interest ("Shares") in Ethereum Classic Investment Trust (the "Trust") were approved by FINRA for a public quotation (OTCQX: ETCG) on OTC Market's OTCQX® Best Market.

PR Newswire
11.12.17

Grayscale Investments Commences Process to Secure Public Quotation for Ethereum Classic Investment Trust Shares on OTCQX®

Grayscale Investments, LLC, the sponsor (the "Sponsor") of investment products including the Bitcoin Investment Trust (OTCQX: GBTC), the Ethereum Classic Investment Trust, and the Zcash Investment Trust announced today its intention to engage a sponsoring broker-dealer to file Form 211 with FINRA for the public quotation of Ethereum Classic Investment Trust shares (the "Shares") on the OTCQX® market. A trusted authority on digital currency investing, Grayscale Investments, LLC has assets under management of $1.2 billion.

PR Newswire
04.26.17

U.S. investment firm launches $10 mln ethereum classic private fund

U.S. investment firm Grayscale Investments has launched the first private fund focused on ethereum classic, a blockchain platform, with a seed capital of $10 million, Barry Silbert, founder of the company's parent, Digital Currency Group (DCG), said on Wednesday. The fund is called Ethereum Classic Investment Trust, with the initial capital provided by Silbert, DCG and Glenn Hutchins, co-founder of private investment company Silver Lake.

Reuters
04.26.17

Grayscale launches Ethereum Classic Investment Trust

Grayscale—an asset management firm—is launching a new cryptocurrency-focused investment vehicle backed by Glenn Hutchins, co-founder and co-chief executive officer of private-equity firm Silver Lake.

MarketWatch
04.26.17

Grayscale Opens Ethereum Classic Vehicle to Accredited Investors

Digital Currency Group subsidiary Grayscale Investments is launching a new investment vehicle for the alternative digital asset ether classic. The firm is opening the Ethereum Classic Investment Trust to investors beginning today. The vehicle was first unveiled earlier this year, and is modeled after other offerings by the company, which specializes in investment products centered around digital currencies.

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