Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Get Free Report) rose 0.9% during trading on Thursday . The company traded as high as $28.61 and last traded at $28.26. Approximately 8,537,359 shares changed hands during mid-day trading, an increase of 90% from the average daily volume of 4,501,170 shares. The stock had previously closed at $28.02.
Grayscale Ethereum Trust ETF Stock Performance
The company has a market cap of $3.91 billion, a P/E ratio of 2.06 and a beta of 3.85. The firm has a 50 day moving average price of $21.75 and a 200-day moving average price of $20.49.
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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