iShares Ethereum Trust ETF (NYSEARCA:ETHA) Reaches New 1-Year Low – Should You Sell?

iShares Ethereum Trust ETF (NYSEARCA:ETHAGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $13.60 and last traded at $13.75, with a volume of 1155400 shares changing hands. The stock had previously closed at $14.16.

iShares Ethereum Trust ETF Stock Performance

The company’s 50-day moving average is $18.47 and its 200-day moving average is $21.58.

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.

Further Reading

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