Shares of Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH – Get Free Report) traded up 5.4% on Friday . The stock traded as high as $36.76 and last traded at $36.59. 4,662,951 shares changed hands during mid-day trading, an increase of 35% from the average session volume of 3,444,993 shares. The stock had previously closed at $34.70.
Grayscale Ethereum Mini Trust ETF Price Performance
The company has a market capitalization of $2.77 billion, a PE ratio of 15.50 and a beta of 4.50. The company has a 50 day moving average of $39.95 and a two-hundred day moving average of $31.30.
About Grayscale Ethereum Mini Trust ETF
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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