ETH 📈 Grayscale Ethereum Mini - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • • Digital Assets
ETH: Ether, Investment, Shares
The Grayscale Ethereum Mini Trust (ETH) listed on NYSE ARCA:ETH offers a unique investment vehicle that allows individuals to tap into the potential of Ether without directly holding the cryptocurrency. By investing in the Shares, investors can gain exposure to the price movements of Ether, providing a cost-effective and convenient means to participate in the digital asset market. This setup is particularly beneficial for those who may not have the technical expertise or desire to directly manage cryptocurrency holdings.
As an exchange-traded fund (ETF) categorized under Digital Assets, the Grayscale Ethereum Mini Trust (ETH) is designed to track the value of Ether, thereby offering investors a straightforward way to incorporate Ether into their investment portfolios. The ETF structure allows for the trust to be traded on traditional exchange platforms, making it more accessible to a broader range of investors. This includes both institutional investors and individual investors who may prefer the familiarity and regulatory oversight of traditional financial markets over direct cryptocurrency investments.
The classification as a Digital Assets ETF underscores the trust's focus on providing a financial product that is tied to the performance of a specific digital currency, in this case, Ether. This distinction is important as it sets the Grayscale Ethereum Mini Trust (ETH) apart from other types of ETFs that may track broader indices or asset classes. By concentrating on Ether, the trust offers a targeted investment opportunity for those looking to capitalize on the potential growth or hedge against the volatility of the second-largest cryptocurrency by market capitalization.
Additional Sources for ETH ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
ETH ETF Overview
Market Cap in USD | 1,635m |
Category | Digital Assets |
IPO / Inception | 2024-07-23 |
ETH ETF Ratings
Growth 5y | -31.0% |
Fundamental | - |
Dividend | - |
Rel. Strength Industry | -292 |
Analysts | - |
Fair Price Momentum | 24.46 USD |
Fair Price DCF | - |
ETH Dividends
No Dividends PaidETH Growth Ratios
Growth Correlation 3m | 72.8% |
Growth Correlation 12m | 56.7% |
Growth Correlation 5y | 56.7% |
CAGR 5y | -10.86% |
CAGR/Mean DD 5y | -0.62 |
Sharpe Ratio 12m | -0.06 |
Alpha | -65.54 |
Beta | 2.62 |
Volatility | 68.48% |
Current Volume | 1763.7k |
Average Volume 20d | 3217k |
As of January 14, 2025, the stock is trading at USD 29.15 with a total of 1,763,700 shares traded.
Over the past week, the price has changed by -16.12%, over one month by -21.17%, over three months by +18.02% and over the past year by -10.86%.
Probably not. Based on ValueRay Analyses, Grayscale Ethereum Mini (NYSE ARCA:ETH) is currently (January 2025) not a good stock to buy. It has a ValueRay Growth Rating of -31.00 and therefor a somwhat technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ETH as of January 2025 is 24.46. This means that ETH is currently overvalued and has a potential downside of -16.09%.
Grayscale Ethereum Mini has no consensus analysts rating.
According to ValueRays Forecast Model, ETH Grayscale Ethereum Mini will be worth about 28.7 in January 2026. The stock is currently trading at 29.15. This means that the stock has a potential downside of -1.72%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 28.7 | -1.7% |