Grayscale Ethereum Mini Trust (NYSEARCA:ETH) Shares Gap Up – Time to Buy?

Grayscale Ethereum Mini Trust (NYSEARCA:ETHGet Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $17.22, but opened at $17.64. Grayscale Ethereum Mini Trust shares last traded at $17.42, with a volume of 121,040 shares trading hands.

Grayscale Ethereum Mini Trust Stock Up 4.8 %

The firm has a market capitalization of $903.44 million and a P/E ratio of 7.57. The stock has a fifty day simple moving average of $23.25 and a 200 day simple moving average of $19.33.

Grayscale Ethereum Mini Trust 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.

Featured Stories

Receive News & Ratings for Grayscale Ethereum Mini Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grayscale Ethereum Mini Trust and related companies with MarketBeat.com's FREE daily email newsletter.