Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Get Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $21.41, but opened at $22.89. Grayscale Ethereum Trust ETF shares last traded at $22.61, with a volume of 617,355 shares trading hands.
Grayscale Ethereum Trust ETF Stock Performance
The stock’s 50 day simple moving average is $17.30 and its 200 day simple moving average is $22.01. The firm has a market cap of $3.13 billion, a PE ratio of 2.13 and a beta of 3.85.
About Grayscale Ethereum Trust ETF
The Grayscale Ethereum Trust ETF (ETHE) 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. ETHE was launched on Dec 14, 2017 and is issued by Grayscale.
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