As per the report, the Grayscale Investments firm has purchased nearly half of the newly mined Ethereum (ETH) in 2020. The firm has seen a spike in institutional investment were some are ready to buy into the trust at a hefty premium. The shares are trading for $96 that means each share stands for 0.09425 ETH (~$18.36) at present and it takes the share trading at a 423% premium.