Grayscale Ethereum Mini Trust (NYSEARCA:ETH) Hits New 12-Month Low – Here’s Why

Grayscale Ethereum Mini Trust (NYSEARCA:ETHGet Free Report)’s share price reached a new 52-week low on Monday . The stock traded as low as $18.18 and last traded at $18.27, with a volume of 1192025 shares traded. The stock had previously closed at $20.31.

Grayscale Ethereum Mini Trust Stock Performance

The stock has a 50-day moving average of $27.59 and a two-hundred day moving average of $17.52. The company has a market cap of $886.69 million and a P/E ratio of 8.84.

Grayscale Ethereum Mini Trust Company Profile

(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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