Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $22.81, but opened at $24.29. Grayscale Ethereum Trust ETF shares last traded at $24.41, with a volume of 1,615,793 shares.
Grayscale Ethereum Trust ETF Stock Up 7.3%
The business’s 50-day moving average is $27.82 and its two-hundred day moving average is $29.31. The company has a market capitalization of $6.59 billion, a P/E ratio of 2.06 and a beta of 4.48.
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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