Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH – Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 4,272,154 shares traded hands during mid-day trading, an increase of 2% from the previous session’s volume of 4,178,963 shares.The stock last traded at $29.1130 and had previously closed at $28.06.
Grayscale Ethereum Mini Trust ETF Stock Performance
The business has a 50-day simple moving average of $30.02 and a 200-day simple moving average of $33.72. The company has a market cap of $2.23 billion, a price-to-earnings ratio of 12.49 and a beta of 4.50.
Grayscale Ethereum Mini Trust ETF Company Profile
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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