Grayscale Ethereum Trust ETF (NYSEARCA:ETHE – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $21.41, but opened at $22.89. Grayscale Ethereum Trust ETF shares last traded at $22.61, with a volume of 617,355 shares traded.
Grayscale Ethereum Trust ETF Stock Up 1.3%
The firm has a market cap of $3.20 billion, a price-to-earnings ratio of 2.13 and a beta of 3.85. The company has a 50-day moving average price of $17.63 and a 200 day moving average price of $22.03.
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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