Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH) Shares Gap Down – Time to Sell?

Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETHGet Free Report)’s share price gapped down before the market opened 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.

Grayscale Ethereum Mini Trust ETF Stock Performance

The stock has a market cap of $1.95 billion, a PE ratio of 10.96 and a beta of 4.50. The business has a 50 day moving average price of $35.20 and a two-hundred day moving average price of $33.19.

Grayscale Ethereum Mini Trust ETF Company Profile

(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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