Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH) Shares Gap Down – Here’s Why

Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETHGet Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $31.12, but opened at $28.97. Grayscale Ethereum Mini Trust ETF shares last traded at $28.47, with a volume of 2,006,777 shares trading hands.

Grayscale Ethereum Mini Trust ETF Stock Down 9.1%

The firm has a market cap of $2.22 billion, a PE ratio of 11.98 and a beta of 4.50. The stock has a 50 day moving average price of $28.96 and a two-hundred day moving average price of $34.45.

About Grayscale Ethereum Mini Trust ETF

(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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