Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH – Get Free Report)’s share price was up 0.8% during trading on Wednesday . The stock traded as high as $42.92 and last traded at $42.53. Approximately 5,405,169 shares traded hands during mid-day trading, an increase of 74% from the average daily volume of 3,110,881 shares. The stock had previously closed at $42.18.
Grayscale Ethereum Mini Trust ETF Stock Up 0.8%
The firm has a market cap of $3.22 billion and a price-to-earnings ratio of 18.02. The company has a 50-day moving average price of $40.48 and a 200 day moving average price of $28.76.
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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