---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-048481"
form_type: "8-K"
ticker: "ETHE"
cik: "0001725210"
company_name: "Grayscale Ethereum Staking ETF"
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T14:59:21.061321+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Grayscale abandons rights to ETHPoW tokens for ETHE and GDLC shareholders

## Summary
- Agent irrevocably abandoned all Incidental Rights to ETHPoW as of Sept. 18, 2023.
- No custodian support or meaningful liquidity for ETHPoW tokens.
- Decision affects Record Date Shareholders of Grayscale Ethereum Trust (ETHE) and Grayscale Digital Large Cap Fund (GDLC).
- Grayscale determined it is not possible to acquire and sell the forked tokens.
- Record Date was Sept. 26, 2022; shareholders receive no value from the fork.

## SEC filing metadata
- accession: 0000950170-23-048481
- form_type: 8-K
- ticker: ETHE
- cik: 0001725210
- company_name: Grayscale Ethereum Staking ETF
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1725210/000095017023048481/0000950170-23-048481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1725210/000095017023048481/ethe-20230918.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-048481
- JSON: https://secwatch.observer/filing/0000950170-23-048481.json
- Plain text: https://secwatch.observer/filing/0000950170-23-048481.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.