Shares of Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Get Free Report) were up 8.1% on Tuesday . The stock traded as high as $24.49 and last traded at $24.47. Approximately 2,221,053 shares were traded during trading, a decline of 60% from the average daily volume of 5,534,394 shares. The stock had previously closed at $22.64.
Grayscale Ethereum Trust ETF Stock Up 9.5%
The stock’s 50-day simple moving average is $30.49 and its two-hundred day simple moving average is $29.08. The company has a market capitalization of $6.67 billion, a price-to-earnings ratio of 2.06 and a beta of 4.48.
Grayscale Ethereum Trust ETF Company Profile
The Grayscale Ethereum Trust ETF (ETHE) 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. ETHE was launched on Dec 14, 2017 and is issued by Grayscale.
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