Grayscale Ethereum Mini Trust ETF $ETH Shares Acquired by Verde Capital Management

Verde Capital Management increased its holdings in Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH) by 79.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 178,118 shares of the company’s stock after buying an additional 78,826 shares during the period. Grayscale Ethereum Mini Trust ETF comprises about 0.8% of Verde Capital Management’s holdings, making the stock its 25th largest position. Verde Capital Management’s holdings in Grayscale Ethereum Mini Trust ETF were worth $3,537,000 at the end of the most recent quarter.

Separately, Freedom Financial Partners LLC increased its holdings in Grayscale Ethereum Mini Trust ETF by 8.3% during the 1st quarter. Freedom Financial Partners LLC now owns 37,342 shares of the company’s stock valued at $742,000 after acquiring an additional 2,870 shares in the last quarter. 77.84% of the stock is owned by institutional investors.

Grayscale Ethereum Mini Trust ETF Trading Up 1.6%

NYSEARCA:ETH opened at $16.47 on Tuesday. The company has a market capitalization of $1.40 billion, a P/E ratio of 6.98 and a beta of 2.48. The firm has a 50-day moving average price of $19.78 and a two-hundred day moving average price of $22.47. Grayscale Ethereum Mini Trust ETF has a twelve month low of $14.64 and a twelve month high of $45.78.

Grayscale Ethereum Mini Trust ETF Profile

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.