Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH – Get Free Report) shares rose 7.6% on Tuesday . The stock traded as high as $31.88 and last traded at $31.85. Approximately 6,287,676 shares changed hands during mid-day trading, an increase of 60% from the average daily volume of 3,918,783 shares. The stock had previously closed at $29.59.
Grayscale Ethereum Mini Trust ETF Stock Down 3.9%
The stock has a 50 day moving average of $33.42 and a 200 day moving average of $33.40. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 12.89 and a beta of 4.50.
Grayscale Ethereum Mini Trust ETF Company Profile
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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