Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $24.94, but opened at $23.16. Grayscale Ethereum Trust ETF shares last traded at $23.08, with a volume of 909,187 shares traded.
Grayscale Ethereum Trust ETF Price Performance
The stock has a market cap of $6.03 billion, a price-to-earnings ratio of 2.06 and a beta of 4.48. The company’s 50 day moving average is $30.72 and its 200 day moving average is $29.06.
About Grayscale Ethereum Trust ETF
The Grayscale Ethereum Trust ETF (ETHE) 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. ETHE was launched on Dec 14, 2017 and is issued by Grayscale.
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