Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH) Shares Gap Down – Should You Sell?

Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETHGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $31.66, but opened at $30.06. Grayscale Ethereum Mini Trust ETF shares last traded at $29.9270, with a volume of 2,310,820 shares trading hands.

Grayscale Ethereum Mini Trust ETF Stock Down 4.6%

The business’s fifty day moving average is $33.66 and its two-hundred day moving average is $33.42. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 12.79 and a beta of 4.50.

Grayscale Ethereum Mini Trust ETF Company Profile

(Get Free Report)

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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