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ETC Group CEO says holders of its ZETH Ethereum ETP will receive another ETP after this week's Merge

ETC Group CEO says holders of its ZETH Ethereum ETP will receive another ETP after this week's Merge

ETC Group co-founder and CEO Bradley Duke takes Proactive's Stephen Gunnion through the much-anticipated Ethereum Merge on Thursday, September 15, 2022, which will see the Ethereum Mainnet merging with the Beacon Chain proof-of-stake system.

At the same time, Duke said some ETH miners are engineering a hard fork which will happen at the time of the Merge, creating a new ETH blockchain that will remain on proof-of-work.

Duke said holders of ETC Group's Physical Ethereum ZETH exchange-trading product (ETP) will receive an additional ETP holding the crypto coins that result from the fork on a one-for-one basis.

#ProactiveInvestors #ETCGroup #HanETF #Ethereum #Merge

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