Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Get Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as $34.57 and last traded at $34.57, with a volume of 493615 shares traded. The stock had previously closed at $33.59.
Grayscale Ethereum Trust ETF Trading Up 6.1%
The business’s fifty day simple moving average is $25.34 and its 200 day simple moving average is $20.83. The stock has a market cap of $10.05 billion, a price-to-earnings ratio of 2.06 and a beta of 3.85.
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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