Grayscale Ethereum Mini Trust (NYSEARCA:ETH – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $19.76 and last traded at $20.03, with a volume of 2533742 shares trading hands. The stock had previously closed at $20.92.
Grayscale Ethereum Mini Trust Price Performance
The firm has a market capitalization of $1.06 billion and a P/E ratio of 8.84. The firm has a 50-day moving average price of $28.02 and a two-hundred day moving average price of $17.17.
Grayscale Ethereum Mini Trust Company 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.
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