Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH – Get Free Report) shares shot up 6.1% during mid-day trading on Tuesday . The company traded as high as $27.46 and last traded at $27.6010. 656,121 shares were traded during trading, a decline of 83% from the average session volume of 3,785,687 shares. The stock had previously closed at $26.01.
Grayscale Ethereum Mini Trust ETF Price Performance
The stock has a market cap of $2.24 billion, a P/E ratio of 12.56 and a beta of 4.50. The firm’s 50-day moving average price is $34.39 and its 200-day moving average price is $33.18.
About Grayscale Ethereum Mini Trust ETF
The Grayscale Ethereum Mini Trust ETF (ETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of ether (ETH). An investment in the fund is not a direct investment in ether. ETH was launched on Apr 23, 2024 and is issued by Grayscale.
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