Grayscale Ethereum Trust (ETH) (ETHE) Stock Price, Quote & News - Stock Analysis (2024)

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Grayscale Ethereum Trust (ETH) (ETHE) Stock Price, Quote & News - Stock Analysis? ›

The Grayscale Ethereum Trust (ETH) stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.

The Grayscale Ethereum Trust (ETH) stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.

Grayscale Ethereum Trust (ETH) quote is equal to 25.460 USD at 2024-08-05. Based on our forecasts, a long-term increase is expected, the "ETHE" stock price prognosis for 2029-07-27 is 100.769 USD. With a 5-year investment, the revenue is expected to be around +295.79%.

The Grayscale Ethereum Trust price prediction for next week is between $ 29.19 on the lower end and $ 37.22 on the high end. Based on our ETHE price prediction chart, the price of Grayscale Ethereum Trust will increase by 27.52% and reach $ 37.22 by Aug 05, 2024 if it reaches the upper price target.

Coinbase analysts suggest that the ETHE outflows were declining because they might have been front-loaded compared to earlier trends observed with the Grayscale Bitcoin Trust (GBTC). GBTC had also experienced substantial outflows when it was converted in January.

In 2025, our analysis predicts Green Bitcoin to be traded between a low of $0.02001 and a high of $6.90. Furthermore, with the analysis of market sentiment, we project an average trading price for GBTC at approximately $4.61 in 2025. Detailed monthly predictions for 2025 are provided below.

By the year-end, the pullback will witness a downtrend; eventually, the year will close in the range of $5,000. At the beginning of 2030, the ETH price could reclaim its position of $10,000 and probably be above that level, establishing a robust upward trend.

The Ethereum price prediction for 2030 suggests a potential high above $12,000, yet it could close the year in a bearish range of $9200 to $9500 due to market dynamics.

The Grayscale Bitcoin Trust price prediction for 2030 is between $ 125.72 on the lower end and $ 203.85 on the high end.

How much will Ethereum be worth in 5 years? ›

Ethereum's short term price prediction suggests wild price action in August 2024. According to Ethereum's predictive model, ETH should drop to $2695.1 in August 2024 with an average forecasted price of $3173.5. InvestingHaven's forecaster is less bullish for August 2024.

The live price of the Ethereum token is $ 3,171.59674227. ETH price could end the trade for July 2024 with a potential high of $3,730. By the end of 2030, the predicted Ethereum price could soar to a peak of $26,575.21.

The ownership structure of Grayscale Ethereum Trust (ETH) (ETHE) stock is a mix of institutional, retail and individual investors. Approximately 0.20% of the company's stock is owned by Institutional Investors, 0.00% is owned by Insiders and 99.80% is owned by Public Companies and Individual Investors.

GBTC allows investors to gain exposure to Bitcoin through a familiar investment vehicle, without the need to set up an account or wallet on a cryptocurrency trading platform. Similar to how investors use ETPs to hold other commodities, like gold or silver, they can now invest in Bitcoin through GBTC.

Ethereum's (ETH-USD) price has nosedived from over $3,000 to under $2,200, primarily due to a massive sell-off by major market makers. Since August 3, these traders have unloaded a jaw-dropping 130,000 ETH, totaling about $290 million. Market makers like Wintermute, Jump Trading, and Flow Traders have led the charge.

Grayscale Bitcoin Trust is forecasted to trade within a range of $ 42.41 and $ 176.76. If it reaches the upper price target, GBTC could increase by 307.28% and reach $ 176.76.

However, GBTC is not without its drawbacks, notably its relatively high management fees of 1.5%. These fees are higher than many other pooled investment vehicles and can diminish returns, particularly in a bear market.

ETHE allows investors to gain exposure to Ether through a familiar investment vehicle, without the need to set up an account or wallet on a cryptocurrency exchange. Similar to how investors use ETFs to hold other commodities, like gold or silver, they can now invest in Ether through ETHE.