Shares of Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH – Get Free Report) shot up 7.4% on Wednesday . The stock traded as high as $19.01 and last traded at $18.8840. 1,581,173 shares traded hands during trading, a decline of 84% from the average session volume of 10,148,764 shares. The stock had previously closed at $17.58.
Grayscale Ethereum Mini Trust ETF Trading Up 11.7%
The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 8.32 and a beta of 4.50. The firm’s 50-day moving average is $25.38 and its two-hundred day moving average is $32.61.
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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