Grayscale Ethereum Trust ETF (NYSEARCA:ETHE) Shares Gap Up – Should You Buy?

Grayscale Ethereum Trust ETF (NYSEARCA:ETHEGet Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $21.41, but opened at $22.89. Grayscale Ethereum Trust ETF shares last traded at $22.61, with a volume of 617,355 shares traded.

Grayscale Ethereum Trust ETF Price Performance

The company has a 50-day moving average price of $17.63 and a two-hundred day moving average price of $22.03. The company has a market cap of $3.20 billion, a PE ratio of 2.13 and a beta of 3.85.

Grayscale Ethereum Trust ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Grayscale Ethereum Trust ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grayscale Ethereum Trust ETF and related companies with MarketBeat.com's FREE daily email newsletter.