Grayscale Ethereum Trust ETF (NYSEARCA:ETHE) Announces Monthly Dividend of $0.03

Grayscale Ethereum Trust ETF (NYSEARCA:ETHE) announced a monthly dividend on Wednesday, September 2nd. Investors of record on Thursday, September 3rd will be paid a dividend of 0.0259 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Thursday, September 3rd.

Grayscale Ethereum Trust ETF Trading Down 1.0%

Grayscale Ethereum Trust ETF stock opened at $19.27 on Thursday. Grayscale Ethereum Trust ETF has a 12-month low of $12.36 and a 12-month high of $39.17. The firm has a 50-day moving average price of $15.76 and a 200-day moving average price of $16.43. The firm has a market capitalization of $1.94 billion, a PE ratio of 2.06 and a beta of 2.58.

About Grayscale Ethereum Trust ETF

Grayscale Ethereum Staking ETF (ETHE) is an exchange-traded fund designed to provide exposure to Ether (ETH), with shares intended to reflect the value of the fund’s ETH holdings, minus fees and expenses. The fund may stake a portion of its Ether to seek additional returns through staking rewards, which can enhance total return but may also introduce additional risks and variability. ETHE is a commodity-based product and is not registered under the Investment Company Act of 1940.