Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH) Shares Gap Down – What’s Next?

Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETHGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $28.63, but opened at $26.59. Grayscale Ethereum Mini Trust ETF shares last traded at $26.5320, with a volume of 854,998 shares trading hands.

Grayscale Ethereum Mini Trust ETF Trading Down 9.7%

The business has a fifty day moving average of $35.20 and a 200-day moving average of $33.19. The firm has a market cap of $1.95 billion, a PE ratio of 10.96 and a beta of 4.50.

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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