Grayscale Ethereum Mini Trust (NYSEARCA:ETH – Get Free Report)’s share price hit a new 52-week low on Monday . The company traded as low as $18.18 and last traded at $18.27, with a volume of 1192025 shares trading hands. The stock had previously closed at $20.31.
Grayscale Ethereum Mini Trust Trading Down 3.7 %
The company has a fifty day moving average of $27.04 and a 200-day moving average of $17.74. The company has a market capitalization of $890.72 million and a price-to-earnings 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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