Grayscale Ethereum Mini Trust (NYSEARCA:ETH) Reaches New 52-Week Low – Time to Sell?

Grayscale Ethereum Mini Trust (NYSEARCA:ETHGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $18.18 and last traded at $18.27, with a volume of 1192025 shares. The stock had previously closed at $20.31.

Grayscale Ethereum Mini Trust Trading Down 3.7 %

The firm has a market cap of $890.72 million and a PE ratio of 8.84. The business’s 50-day simple moving average is $27.04 and its 200 day simple moving average is $17.74.

Grayscale Ethereum Mini Trust Company Profile

(Get Free Report)

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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