Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Stock Price Up 1.8%

Market Beat
2024.08.22 04:42
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Grayscale Ethereum Trust (ETHE) saw its stock price rise by 1.8% to trade at $40, with a total of 4,209,450 shares changing hands. This represents a 6% decline in volume compared to its average. Recent institutional investments include new stakes from Beck Capital Management, DRW Securities, Beam Wealth Advisors, and North Star Asset Management during the second quarter. Despite the increase, analysts have given Grayscale Ethereum Trust a "hold" rating, suggesting it may not be the best investment currently available.