Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETH) Reaches New 1-Year High – Here’s What Happened

Grayscale Ethereum Mini Trust ETF (NYSEARCA:ETHGet Free Report) reached a new 52-week high on Saturday . The stock traded as high as $45.79 and last traded at $45.56, with a volume of 11581011 shares trading hands. The stock had previously closed at $39.76.

Grayscale Ethereum Mini Trust ETF Stock Performance

The firm has a fifty day moving average price of $31.58 and a two-hundred day moving average price of $24.36. The stock has a market capitalization of $1.71 billion and a P/E ratio of 19.31.

About Grayscale Ethereum Mini Trust ETF

(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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