iShares Ethereum Trust ETF (NYSEARCA:ETHA) Shares Down 5.9% – Here’s What Happened

iShares Ethereum Trust ETF (NYSEARCA:ETHAGet Free Report)’s share price were down 5.9% on Tuesday . The stock traded as low as $18.96 and last traded at $18.97. Approximately 6,972,233 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 11,864,592 shares. The stock had previously closed at $20.16.

iShares Ethereum Trust ETF Trading Down 7.1%

The business has a fifty day simple moving average of $16.58 and a 200 day simple moving average of $19.73.

iShares Ethereum Trust ETF Company Profile

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The iShares Ethereum Trust ETF (ETHA) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Ether, less expenses and fees. ETHA was launched on Jul 24, 2024 and is issued by BlackRock.

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