Holders of ether were granted ETHPoW when the fork happened. As a result, the Grayscale Ethereum Trust now holds more than 3 million ETHPoW tokens, and the Grayscale Digital Large Cap Fund holds 40,000, according to a press release. Grayscale said it wants the right to sell the tokens and distribute the cash proceeds to shareholders “in its sole discretion,” provided there’s a market for the coin.
Source: https://www.coindesk.com/business/2022/09/16/grayscale-investments-declares-rights-to-31m-ethpow/?utm_medium=referral&utm_source=rss&utm_campaign=headlines