Grayscale Ethereum Mini Trust (NYSEARCA:ETH – Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $14.75, but opened at $15.74. Grayscale Ethereum Mini Trust shares last traded at $15.68, with a volume of 181,736 shares traded.
Grayscale Ethereum Mini Trust Stock Performance
The business’s fifty day moving average price is $20.18 and its two-hundred day moving average price is $20.23. The firm has a market capitalization of $758.31 million and a P/E ratio of 7.20.
About Grayscale Ethereum Mini Trust
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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