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Quick take:
- The Grayscale Ethereum Trust (ETHE) has had a fruitful Q4 by gaining 274%
- October 1st found ETHE trading at $39
- The share price is now at $146 with a possible correction in the days to follow
- Grayscale continues to accumulate Ethereum with approximately $1.73 billion under management
The share price of Grayscale’s Ethereum Trust (ETHE) has had a fruitful fourth quarter of 2020 by almost tripling in value since October 1st. At the latter date, the share price of the Grayscale Ethereum Trust (ETHE) was approximately $39. At the time of writing, the same ETHE is valued at $146 signifying a 274% increment in less than three months.
The chart below, courtesy of Tradingview, further demonstrates the impressive growth of the Grayscale Ethereum Trust’s share price.
