Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH – Get Free Report) shares shot up 3.6% during mid-day trading on Tuesday . The company traded as high as $29.38 and last traded at $29.3040. 3,070,869 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 3,624,020 shares. The stock had previously closed at $28.29.
Grayscale Ethereum Mini Trust ETF Price Performance
The company has a market capitalization of $2.24 billion, a P/E ratio of 12.55 and a beta of 4.50. The firm’s 50-day moving average is $37.77 and its 200-day moving average is $32.71.
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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