Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $22.81, but opened at $24.29. Grayscale Ethereum Trust ETF shares last traded at $24.41, with a volume of 1,615,793 shares changing hands.
Grayscale Ethereum Trust ETF Stock Up 7.7%
The stock has a 50-day moving average price of $27.65 and a 200 day moving average price of $29.38. The firm has a market capitalization of $6.61 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.
Further Reading
- Five stocks we like better than Grayscale Ethereum Trust ETF
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- These 3 Banks Are Rallying Into Year-End, But Will It Continue?
- Pets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your Portfolio
- 3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&P 500
- Business Services Stocks Investing
- This ETF Caught a Major Tailwind After the Fed’s Rate Cut
Receive News & Ratings for Grayscale Ethereum Trust ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grayscale Ethereum Trust ETF and related companies with MarketBeat.com's FREE daily email newsletter.
