Grayscale Ethereum Trust (ETH) (ETHE) News Today $20.96 -1.38 (-6.18%) As of 06/13/2025 04:10 PM Eastern Add Compare Share Share Headlines Stock AnalysisChartHeadlinesOwnershipSEC FilingsBuy This Stock ETHE Latest News All Sources Trusted Sources MarketBeat Benzinga Bloomberg GlobeNewswire GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha TalkMarkets The Street TipRanks The Wall Street Journal Wall Street Zen Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent June 2025 May 2025 April 2025 March 2025 February 2025 January 2025 December 2024 November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 Time Period Integrated Advisors Network LLC Increases Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Integrated Advisors Network LLC boosted its holdings in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 138.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 170,164 shares of the company's stock after purchasing an additional 98,940 sJune 12 at 5:49 AM | marketbeat.comSimplicity Wealth LLC Invests $536,000 in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Simplicity Wealth LLC bought a new position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 35,220 shares of the company's stock, valued at approxiJune 12 at 5:03 AM | marketbeat.comGrayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Stock Position Lowered by SJS Investment Consulting Inc.SJS Investment Consulting Inc. reduced its position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 31.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,489 shares ofJune 10, 2025 | marketbeat.comEthereum Price Forecast: ETH ETFs record seven weeks of inflows; here's whyJune 10, 2025 | fxstreet.comGrayscale Ethereum Mini Trust ETFJune 7, 2025 | markets.businessinsider.comNBC Securities Inc. Has $335,000 Stock Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)NBC Securities Inc. boosted its position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 100,068.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,037 shares of the company's stock after purchasing aJune 7, 2025 | marketbeat.comWealth Enhancement Advisory Services LLC Sells 31,331 Shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Wealth Enhancement Advisory Services LLC lessened its stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 27.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 81,799 shares of the cJune 6, 2025 | marketbeat.comVerde Capital Management Makes New Investment in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Verde Capital Management bought a new position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 162,500 shares of the company's stock, valued at approximately $June 1, 2025 | marketbeat.comIntegrated Advisors Network LLC Raises Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Integrated Advisors Network LLC raised its holdings in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 58.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 71,224 shares of the company's stock after buying anMay 28, 2025 | marketbeat.comConnective Capital Management LLC Makes New $579,000 Investment in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Connective Capital Management LLC purchased a new position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,659 sharesMay 23, 2025 | marketbeat.comFocus Partners Wealth Has $2.97 Million Stock Holdings in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Focus Partners Wealth reduced its stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 85.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 105,477 shares of the company's stock after sellinMay 18, 2025 | marketbeat.comEthereum’s Pectra Upgrade Enables Native ETH Staking For InstitutionsMay 16, 2025 | forbes.comMercer Global Advisors Inc. ADV Takes $551,000 Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Mercer Global Advisors Inc. ADV purchased a new stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 19,653 shares of the compaMay 15, 2025 | marketbeat.comGrayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Shares Sold by Jane Street Group LLCJane Street Group LLC trimmed its position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 33.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 253,424 shares of the company's stock after selling 128May 11, 2025 | marketbeat.comEthereum ETFs Jump Post 'Pectra' Network UpgradeMay 9, 2025 | finance.yahoo.comNewEdge Advisors LLC Raises Stock Holdings in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)NewEdge Advisors LLC increased its stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 308.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,307 shares of tApril 29, 2025 | marketbeat.comGrayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Shares Bought by Mariner LLCMariner LLC lifted its holdings in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 37.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 118,769 shares of the company's stock after buying an additional 32,510 shares during the pApril 23, 2025 | marketbeat.comEvergreen Capital Management LLC Acquires 41,950 Shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Evergreen Capital Management LLC grew its holdings in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 298.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,005 shares of the companyApril 20, 2025 | marketbeat.comBank of Montreal Can Buys Shares of 80,807 Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Bank of Montreal Can purchased a new position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 80,807 shares of the company's stock, valued at approximately $2,264,000April 19, 2025 | marketbeat.comSEC Delays Staking Decision on Grayscale's ETHE, ETHApril 15, 2025 | finance.yahoo.comGrayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Shares Purchased by Envestnet Asset Management Inc.Envestnet Asset Management Inc. grew its position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 33.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 892,989 shares of the company's stock after purchasing an additApril 15, 2025 | marketbeat.comZuckerman Investment Group LLC Purchases Shares of 20,000 Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Zuckerman Investment Group LLC acquired a new position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,0April 12, 2025 | marketbeat.comDRW Securities LLC Invests $13.01 Million in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)DRW Securities LLC bought a new position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 464,471 shares of the company's stock, valued at approximately $13,014,000. Grayscale EtheApril 11, 2025 | marketbeat.comGrayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Shares Sold by Sepio Capital LPSepio Capital LP trimmed its holdings in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 74.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 8,810 shares of the company's stock after selling 26,060 shares during the period. Sepio CapitalApril 9, 2025 | marketbeat.comOLD Mission Capital LLC Buys New Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)OLD Mission Capital LLC purchased a new stake in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 30,239 shares of the company's stock, valued at aApril 7, 2025 | marketbeat.comLPL Financial LLC Increases Stock Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)LPL Financial LLC grew its position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 11.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 287,202 shares of the company's stock after purchasing an additional 28,8April 7, 2025 | marketbeat.comETHE: Is Ethereum Sending A Signal?April 4, 2025 | seekingalpha.comEthereum Price Forecast: ETH eyes Q2 recovery with Pectra mainnet launch and DEX volume dominanceApril 2, 2025 | fxstreet.comMaridea Wealth Management LLC Invests $844,000 in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Maridea Wealth Management LLC acquired a new stake in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 30,117 shares of the company's stock, valued atMarch 30, 2025 | marketbeat.comVirtu Financial LLC Increases Stock Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Virtu Financial LLC grew its stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 386.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 187,396 shares of the company's stockMarch 23, 2025 | marketbeat.comCommonwealth Equity Services LLC Lowers Stock Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Commonwealth Equity Services LLC lessened its stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 21.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,253 shares of tMarch 23, 2025 | marketbeat.comProficio Capital Partners LLC Invests $785,000 in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Proficio Capital Partners LLC acquired a new position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 28,020 shares of the company's stoMarch 23, 2025 | marketbeat.comCompass Ion Advisors LLC Reduces Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Compass Ion Advisors LLC decreased its position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 68.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,470 shares of the companyMarch 20, 2025 | marketbeat.comETHA Surges as Buyers Step in After Ethereum SelloffMarch 19, 2025 | finance.yahoo.comUnited Capital Management of KS Inc. Sells 24,527 Shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)United Capital Management of KS Inc. lessened its position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 5.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 446,146 shares of the company's stMarch 16, 2025 | marketbeat.comProsperity Financial Group Inc. Buys Shares of 44,595 Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Prosperity Financial Group Inc. bought a new stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 44,595 shares of the companMarch 12, 2025 | marketbeat.comEthereum Price Forecast: ETH eyes recovery, but increased ETF outflows weigh on the crypto marketMarch 11, 2025 | fxstreet.comWhy Grayscale Ethereum Trust ETF (ETHE) Is Plunging In 2025?March 11, 2025 | msn.comSLT Holdings LLC Purchases Shares of 38,815 Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)SLT Holdings LLC purchased a new stake in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 38,815 shares of the company's stock, valued at approxMarch 10, 2025 | marketbeat.comProficio Capital Partners LLC Makes New $785,000 Investment in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Proficio Capital Partners LLC bought a new position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 28,020 shares of the company's stock, vaMarch 9, 2025 | marketbeat.comHaven Private LLC Buys New Stake in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Haven Private LLC purchased a new position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 129,857 shares of the company's stock, valuedMarch 8, 2025 | marketbeat.comVestmark Advisory Solutions Inc. Buys Shares of 193,338 Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Vestmark Advisory Solutions Inc. bought a new stake in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 193,338 sharesMarch 7, 2025 | marketbeat.comGrayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Hits New 12-Month Low - Time to Sell?Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Reaches New 1-Year Low - Time to Sell?March 1, 2025 | marketbeat.comIllumine Investment Management LLC Invests $1.01 Million in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Illumine Investment Management LLC acquired a new position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 35,916 shares of the company's stock, valued at approMarch 1, 2025 | marketbeat.comGrayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Stake Trimmed by Fielder Capital Group LLCFielder Capital Group LLC cut its position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 29.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 134,125 shares of the company'sMarch 1, 2025 | marketbeat.comK.J. Harrison & Partners Inc Sells 40,000 Shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)K.J. Harrison & Partners Inc cut its position in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 80.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,000 shares of the company's stFebruary 28, 2025 | marketbeat.comSprott Inc. Has $806,000 Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Sprott Inc. boosted its holdings in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) by 78.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,770 shares of the company's stock after acFebruary 26, 2025 | marketbeat.comCan SOL and XRP Recover From Downtrend? What Is RBLK As It Continues To Take ETH Chain By Storm?February 22, 2025 | msn.comCompass Capital Corp MA ADV Takes Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Compass Capital Corp MA ADV purchased a new stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,020 shares of tFebruary 22, 2025 | marketbeat.comStrategic Financial Concepts LLC Takes Position in Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE)Strategic Financial Concepts LLC purchased a new stake in shares of Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 13,310 shares of the company's stock, valuFebruary 21, 2025 | marketbeat.com Get Grayscale Ethereum Trust (ETH) News Delivered to You Automatically Sign up to receive the latest news and ratings for ETHE and its competitors with MarketBeat's FREE daily newsletter. Email Address ETHE Media Mentions By Week ETHE Media Sentiment Learn about the media sentiment score. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. ETHE News Sentiment▼1.070.20▲Average Miscellaneous News Sentiment ETHE News Coverage Learn about the media coverage comparison. We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. ETHE Articles This Week▼53▲ETHE Articles Average Week Get Grayscale Ethereum Trust (ETH) News Delivered to You Automatically Sign up to receive the latest news and ratings for ETHE and its competitors with MarketBeat's FREE daily newsletter. Email Address Related Companies and Tools Related Companies Healthpeak Properties News Host Hotels & Resorts News Sprott Physical Gold Trust News Jefferies Financial Group News Lineage News Freedom News Rexford Industrial Realty News Hamilton Lane News Brixmor Property Group News StepStone Group News Headlines Tools Trending Media MentionsHigh Media Sentiment StocksLive News FeedMarketBeat OriginalsStock Ideas This page (OTCMKTS:ETHE) was last updated on 6/14/2025 by MarketBeat.com Staff From Our PartnersTrump’s Exec Order #14154 could be a “Millionaire-Maker”Former Presidential Advisor, Jim Rickards, says Trump could “rewire our economy and hand millions of Americans...Paradigm Press | SponsoredAn AI run of epic proportions is only getting startedI just put together an urgent new presentation that you need to see right away. In short: I believe we are...Timothy Sykes | SponsoredSilicon Valley Gold RushA new technology has sparked a modern-day gold rush in Silicon Valley. OpenAI’s Sam Altman invested $375M. Bil...Stansberry Research | SponsoredOil Hits $74 - $100 Next?Oil Jumps 8.5% on Middle East Crisis Trump at Oil Fields Oil surged 8.5% to $74/barrel after Israel's Ir...The Oxford Club | SponsoredGet in stocks now - and get out on this dateGood News for Stocks 50-year Wall Street veteran, Marc Chaikin is stepping forward to share why history giv...Chaikin Analytics | Sponsored[First Look] Get in before potential 10X AI announcementsGo for 10X gains from the next big AI announcement — starting as soon as 7 days from now Former floor trade...Masters in Trading | SponsoredIs Elon's empire crumbling?The Tesla Shock Nobody Sees Coming While headlines scream "Tesla is doomed"... Jeff Brown has uncovered ...Brownstone Research | SponsoredBig Changes Coming to Social Security?According to legendary investor Louis Navellier... This new Trump move could soon not only save Social Secu...InvestorPlace | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Grayscale Ethereum Trust (ETH) Please log in to your account or sign up in order to add this asset to your watchlist. Share Grayscale Ethereum Trust (ETH) With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.