iShares Ethereum Trust ETF (NASDAQ:ETHA) Shares Gap Up – Should You Buy?

iShares Ethereum Trust ETF (NASDAQ:ETHAGet Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $11.87, but opened at $12.74. iShares Ethereum Trust ETF shares last traded at $12.71, with a volume of 7,936,536 shares.

iShares Ethereum Trust ETF Stock Down 1.9%

The firm has a 50 day moving average price of $16.28 and a 200 day moving average price of $18.51.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ETHA. Colonial Trust Advisors bought a new position in iShares Ethereum Trust ETF in the 4th quarter worth $25,000. Golden State Wealth Management LLC bought a new position in iShares Ethereum Trust ETF in the 4th quarter worth $26,000. KERR FINANCIAL PLANNING Corp bought a new position in iShares Ethereum Trust ETF in the 3rd quarter worth $28,000. Modus Advisors LLC bought a new position in iShares Ethereum Trust ETF in the 4th quarter worth $30,000. Finally, Acumen Wealth Advisors LLC bought a new position in iShares Ethereum Trust ETF in the 4th quarter worth $30,000.

About iShares Ethereum Trust ETF

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The iShares Ethereum Trust ETF (ETHA) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Ether, less expenses and fees. ETHA was launched on Jul 24, 2024 and is issued by BlackRock.

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