Grayscale Ethereum Trust (NYSEARCA:ETHE – Get Free Report)’s share price rose 9.4% during trading on Tuesday . The company traded as high as $22.76 and last traded at $22.39. Approximately 7,388,371 shares were traded during mid-day trading, an increase of 61% from the average daily volume of 4,602,880 shares. The stock had previously closed at $20.46.
Grayscale Ethereum Trust Stock Up 9.4%
The stock has a market cap of $3.09 billion, a P/E ratio of 1.36 and a beta of 3.63. The company has a 50-day simple moving average of $15.29 and a two-hundred day simple moving average of $22.44.
Grayscale Ethereum Trust 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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