Galaxy Digital Inc. Acquires New Position in iShares Ethereum Trust ETF $ETHA

Galaxy Digital Inc. bought a new position in iShares Ethereum Trust ETF (NASDAQ:ETHA) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm bought 818,390 shares of the company’s stock, valued at approximately $12,955,000. iShares Ethereum Trust ETF makes up approximately 1.1% of Galaxy Digital Inc.’s investment portfolio, making the stock its 11th biggest position. Galaxy Digital Inc. owned about 0.20% of iShares Ethereum Trust ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ETHA. Colonial Trust Advisors acquired a new stake in shares of iShares Ethereum Trust ETF in the fourth quarter valued at approximately $25,000. Golden State Wealth Management LLC purchased a new position in iShares Ethereum Trust ETF during the fourth quarter worth approximately $26,000. Modus Advisors LLC acquired a new position in iShares Ethereum Trust ETF during the fourth quarter worth $30,000. Acumen Wealth Advisors LLC acquired a new position in iShares Ethereum Trust ETF during the fourth quarter worth $30,000. Finally, Ancora Advisors LLC purchased a new stake in iShares Ethereum Trust ETF in the 3rd quarter valued at $36,000.

iShares Ethereum Trust ETF Stock Down 0.5%

Shares of ETHA opened at $14.04 on Friday. iShares Ethereum Trust ETF has a 52-week low of $11.52 and a 52-week high of $36.80. The stock has a fifty day simple moving average of $13.73 and a two-hundred day simple moving average of $16.35.

iShares Ethereum Trust ETF Profile

The iShares Ethereum Trust ETF (ETHA) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Ether, less expenses and fees. ETHA was launched on Jul 24, 2024 and is issued by BlackRock.