Grayscale Ethereum Mini Trust (NYSEARCA:ETH – Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $18.36, but opened at $17.95. Grayscale Ethereum Mini Trust shares last traded at $17.92, with a volume of 127,588 shares traded.
Grayscale Ethereum Mini Trust Stock Performance
The company has a 50 day simple moving average of $27.04 and a two-hundred day simple moving average of $17.74. The firm has a market cap of $890.21 million and a PE ratio of 8.84.
About Grayscale Ethereum Mini Trust
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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