ethe stock premium
Both products, issued by Grayscale, have traded at a consistent premium over NAV (TradeBlock XBX and ETX Index) since inception. This is likely related to … However, you will pay $15.50 for the share: twice what the underlying assets are worth. Who this matters to: Overall Ranking is a comprehensive evaluation. I understand there is a premium, but it feels like the premium should already be known, and any price moves in ETHE would basically mirror( perhaps more slowly ) the price of ETH. Current price $17.73 : 52-week high $28.84 : Prev. Investors in ETHE can gain exposure to the price movement of Ethereum without the challenges of buying, storing, and safekeeping Ethereum. Long. One share of ETHE is equivalent to 0.094 Ethereum. The ETHE’s performance is additionally mirrored by the fund premium, ascending to 948,9% in June 4th. Can someone explain why the ETHE stock price doesn't more closely follow the price of ETH? Premium Research Tools. If … ETHE premium stayed high througout most of H1, oscillating in 400+ % range from March to June. ETHE rank of 18 means that it ranks below 82% of stocks. ETHE might simply be more popular at the moment. View ETHE historial stock data and compare to other stocks and exchanges. As of Wednesday’s close, ETHE no longer trades at a massive premium to its net asset value. EN. Launched in 2017 and sponsored by Grayscale, ETHE is an open-ended trust that holds Ethereum and derives its value solely from the value of Ethereum. [1] Below we explain the Bitcoin Investment Trust (GBTC), the pros and cons of GBTC, and why GBTC is a better investment than Bitcoin in some ways (but not in others). View ETHE's stock price, price target, earnings, forecast, insider trades, and news at MarketBeat. Select Area, Line, OHLC or Candlestick as the chart type. Investors in ETHE are paying a significant premium for the underlying Ethereum. It considers technical and fundamental factors and is a good starting point for evaluating a stock. Historical index on US Stock Market : C "Should I invest in Grayscale Investments LLC - Grayscale Ethereum Trust stock?" Those units trade at $775, so one share of ETHE represents about $7.75 of value. Ackrell SPAC Partners I (OTCMKTS:ACKIU) and Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) are both -- companies, but which is the superior stock?We will compare the two businesses based on the strength of their dividends, risk, analyst recommendations, profitability, institutional ownership, earnings and … What happened. Researching Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) stock? ETHE | Complete Grayscale Ethereum Trust stock news by MarketWatch. Grayscale Ethereum Trust advanced stock charts by MarketWatch. ETHE, 1D. Find the latest GRAYSCALE ETHEREUM TR ETH (ETHE) stock discussion in Yahoo Finance's forum. View and export this data back to 2017. ETHE's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! Each share of Ethereum Trust (ETHE) represents exactly 0.09620794 Ether apiece. This fund is a … View ETHE's stock price, price target, earnings, forecast, insider trades, and news at MarketBeat. Could just be sheer stupidity (investors think ETHE is a 1:1 ratio not 1:11) Are there any other differences between ETHE and GBTC? ... had a selloff but the premium is low again and I think ETH is about rip faces for a long time, ETHE to the 70's is my plan. Is it just that the stock price has to catch up to the faster moving price of the coin? Currently, GBTC trades at a 30% premium to NAV, and ETHE trades at a 850% premium to NAV. The degree of liquidity can vary significantly from one ETP to another and losses may be magnified if no liquid market exists for the ETP's shares when attempting to sell them. View real-time stock prices and stock quotes for a full financial overview. Looking back at historical data, the early June’s 948,9 percent premium was completely in … ETHE premium stayed high througout most of H1, oscillating in 400+ % range from March to June. On March 4, its price closed 9.5% below the value of the Ethereum it held. TradingView. Share your opinion and gain insight from other stock traders and investors. 2. When the stock split takes effect, there will be 265.5 million ETHE shares with each representing 0.01031643 of an ether token, a ninth of its current value. Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter The shares in the trust have had a wild ride in recent months. It opened at $12. An ETHE share is trading for $14.80 and that equals $0.09620794 units of an Ethereum token. ETHE holds assets of $255 million and charges a 2.5% fee. Net Asset Value Chart. The Grayscale Etherium Trust, a hybrid of several kinds of fund structures, trades at an enormous premium to Ethereum’s actual price. ETHE is priced at $110, equal to an underlying Ethereum price of $1,170. Reply Like (2) However, Ethereum is only trading at $202. According to Grayscale's official website, the shares of the Ethereum Trust Fund (ETHE) have been issued and split. Tips for Trading GBTC (the Bitcoin Investment Trust) in 2019 and Beyond. ETHE was listed at an insanely high premium to begin with. Historical Net Asset Value Data. If by some crazy miracle the premium gets back to Thursday's closing premium of 110%, that puts ETHE at over $22 today. Shares of Grayscale Ethereum Trust were soaring on Tuesday. The collapse in premium is the result of the accredited investors, predominantly hedge funds, liquidating their holdings after their mandatory 12-month lock-up period for new placements into the trust has come to an end. The relative strength of a dividend stock indicates whether the stock is uptrending or not. According to our live Forecast System, Grayscale Investments LLC - Grayscale Ethereum Trust stock is a bad long-term (1-year) investment*. In the meantime, investors can trade the crazy premium, which can be quite advantageous if timed correctly. Ticker Trading Ideas Educational Ideas Scripts People. Learn about ETHE (PINX) with our data and independent analysis including price, star rating, asset allocation, capital gains, and dividends. Eventually, ETHE's premium will come to earth. Our free premium/discount data for each ETF provide a quick view of whether there are any liquidity issues to be mindful of when buying and selling that product. The major determining factor in this rating is whether the stock is trading close to its 52-week-high. ETHE hasn’t been around as long, so there is less secondary market supply to go around. 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