Streetbeat News

ETH

Grayscale Ethereum Mini Trust

https://etfs.grayscale.com/

Industry

Asset Management - Cryptocurrency

While an investment in the Shares is not a direct investment in Ether, the Shares are designed to provide investors with a cost-effective and convenient way to gain investment exposure to Ether.

Open

17.89

Mkt cap

1.1B

Volume

1.1M

High

18.32

P/E Ratio

7.69

52-wk high

38.77

Low

17.76

Div yield

N/A

52-wk low

2.38

Visa has partnered with Coinbase to allow customers to deposit funds into their Coinbase accounts in real-time using eligible Visa debit cards. This service is available to customers in the US and EU, enhancing convenience and security.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:00 pm

Grayscale Investments' Bitcoin and Ethereum ETPs have attracted over $750 million in inflows since their launch in July 2024, highlighting strong investor interest in low-cost crypto exposure.

Portfolio Pulse from Murtuza Merchant

October 29, 2024 | 3:51 pm

Elon Musk's recent post on X led to a surge in dog-themed cryptocurrencies, with Dogecoin rising nearly 5% and First Neiro On Ethereum increasing by over 6%. The meme coin market cap rose 1.5% in the last 24 hours.

Portfolio Pulse from Aniket Verma

October 28, 2024 | 4:28 am

Bitcoin spot ETFs experienced a $79 million outflow after a week of inflows, with mixed results among different funds. BlackRock's ETF gained $42.9 million, while ARK Invest's ETF saw a $134.7 million outflow. Ethereum spot ETFs showed resilience with a $11.9 million inflow, led by Fidelity's ETF. Bitcoin futures market shows signs of caution, with decreased funding rates and plateauing volumes. The upcoming U.S. elections and economic indicators are influencing market sentiment.

Portfolio Pulse from Murtuza Merchant

October 23, 2024 | 1:01 pm

Ark Invest, led by Cathie Wood, has expressed strong belief in Ethereum's potential to transform the financial services industry. The firm views Ethereum as an institutional-grade asset with yield-bearing potential, likening its attributes to U.S. Treasury bills. Despite withdrawing from launching an Ethereum ETF, Ark Invest continues to explore ways to expose investors to Ethereum technology.

Portfolio Pulse from Aniket Verma

October 16, 2024 | 4:04 am

Donald Trump's World Liberty Financial (WLFI) token sale reached $220 million in the first hour despite website issues. The project, involving Trump's family, aims to raise $300 million and focuses on stablecoins and DeFi activities.

Portfolio Pulse from Khyathi Dalal

October 15, 2024 | 5:56 pm

Cryptocurrency expert Capo predicts significant short-term declines for Bitcoin and Ethereum before an altcoin season begins. Bitcoin may test $48,000-$50,000, and Ethereum could fall to $1,800-$2,000. Despite recent declines, some analysts remain optimistic about Bitcoin's long-term potential.

Portfolio Pulse from Rounak Jain

October 05, 2024 | 11:00 am

Grayscale has launched a new investment product, the Grayscale Aave Trust, providing exposure to Aave's native token. This move is part of Grayscale's strategy to expand its range of crypto investment products. Aave is a leading decentralized lending platform on the Ethereum blockchain.

Portfolio Pulse from Murtuza Merchant

October 03, 2024 | 5:08 pm

Jamie Dimon, CEO of JPMorgan Chase, emphasized the bank's significant use of blockchain technology while maintaining skepticism towards cryptocurrencies, calling them a 'pet rock.' JPMorgan's blockchain network, Onyx, has processed over $700 billion in transactions. Despite Dimon's criticism of Bitcoin, JPMorgan has investments in Bitcoin-related ETFs like the Grayscale Bitcoin Trust.

Portfolio Pulse from Benzinga Neuro

September 18, 2024 | 8:18 am

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