Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Get Free Report)’s share price shot up 0.8% during trading on Wednesday . The stock traded as high as $37.49 and last traded at $37.15. 5,413,895 shares were traded during mid-day trading, an increase of 4% from the average session volume of 5,181,605 shares. The stock had previously closed at $36.84.
Grayscale Ethereum Trust ETF Trading Up 0.8%
The company has a 50-day simple moving average of $35.44 and a 200 day simple moving average of $25.25. The firm has a market cap of $10.00 billion, a PE ratio of 2.06 and a beta of 3.85.
Grayscale Ethereum Trust ETF Company Profile
The Grayscale Ethereum Trust ETF (ETHE) 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. ETHE was launched on Dec 14, 2017 and is issued by Grayscale.
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