Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Get Free Report)’s share price traded up 3.4% on Tuesday . The company traded as high as $25.59 and last traded at $25.49. Approximately 3,065,094 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 5,405,410 shares. The stock had previously closed at $24.64.
Grayscale Ethereum Trust ETF Stock Up 5.0%
The stock has a fifty day moving average of $32.98 and a two-hundred day moving average of $28.66. The stock has a market cap of $6.96 billion, a price-to-earnings ratio of 2.06 and a beta of 4.48.
Grayscale Ethereum Trust ETF Company Profile
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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