iShares Ethereum Trust ETF (NYSEARCA:ETHA) Shares Down 6.7% – Time to Sell?

iShares Ethereum Trust ETF (NYSEARCA:ETHAGet Free Report)’s share price dropped 6.7% during trading on Monday . The stock traded as low as $18.14 and last traded at $18.33. Approximately 2,871,940 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 10,845,049 shares. The stock had previously closed at $19.65.

iShares Ethereum Trust ETF Stock Performance

The business has a 50-day moving average of $14.24 and a two-hundred day moving average of $20.31.

iShares Ethereum Trust ETF Company Profile

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The iShares Ethereum Trust ETF (ETHA) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Ether, less expenses and fees. ETHA was launched on Jul 24, 2024 and is issued by BlackRock.

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