Grayscale Ethereum Mini Trust (NYSEARCA:ETH – Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $17.93, but opened at $18.92. Grayscale Ethereum Mini Trust shares last traded at $18.98, with a volume of 126,966 shares.
Grayscale Ethereum Mini Trust Trading Up 6.7 %
The stock has a market capitalization of $963.77 million and a PE ratio of 8.84. The stock’s fifty day simple moving average is $25.54 and its 200-day simple moving average is $18.29.
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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