Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH) Trading Down 4.1% – Time to Sell?

Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETHGet Free Report) shares traded down 4.1% during mid-day trading on Tuesday . The company traded as low as $24.04 and last traded at $24.04. 45,777 shares were traded during mid-day trading, a decline of 98% from the average session volume of 1,833,309 shares. The stock had previously closed at $25.08.

Grayscale Ethereum Mini Trust ETF Trading Down 7.3%

The firm has a market cap of $1.25 billion and a price-to-earnings ratio of 8.43. The company has a 50 day moving average of $20.63 and a 200 day moving average of $24.55.

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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