iShares Ethereum Trust ETF (NYSEARCA:ETHA) Hits New 12-Month Low – What’s Next?

iShares Ethereum Trust ETF (NYSEARCA:ETHAGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $14.60 and last traded at $14.66, with a volume of 12774126 shares trading hands. The stock had previously closed at $16.31.

iShares Ethereum Trust ETF Trading Down 13.4 %

The stock’s 50 day moving average is $22.17 and its 200 day moving average is $22.06.

About iShares Ethereum Trust ETF

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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.

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