Grayscale Ethereum Mini Trust ETF (ETH)Digital Assets | Exchange Traded Fund | NYSEArca
23.29 USD
-0.09
(-0.406%) ⇩
(Oct. 16, 2026, 11:47 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 9:30 a.m. EDT
The Grayscale Ethereum Mini Trust ETF sits in a precarious equilibrium where the underlying asset's severe price collapse has erased staking income, creating a 'value trap' scenario where the yield cannot offset capital destruction. While the trust offers a unique staking distribution feature, the headline news of a $10,000 investment halving in value in six months suggests the business model is currently fighting a losing battle against the asset's depreciation. Technically, the stock is trading above its 50-day and 200-day averages, hinting at some short-term resilience, but the options market screams caution. The overwhelming open interest in out-of-the-money puts acts as a heavy insurance policy against further declines, while the call structure remains speculative and fragile. Without a clear reversal in the underlying ether price or a proven ability to generate real economic value beyond fee collection, the investment case remains neutral; the risks of continued structural decline outweigh the potential for a quick bounce. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.184515 |
| AutoARIMA | 0.184795 |
| MSTL | 0.189957 |
| AutoTheta | 0.190546 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 29% |
| H-stat | 319.04 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.066 |
| Excess Kurtosis | -1.49 |
As of Oct. 10, 2026, 9:30 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume and open interest, particularly at strikes around 16-17 for near-term expirations and 13-15 for longer dates, indicating a fear of a significant downside gap. Conversely, call activity is concentrated near the money (24-26 strikes) with notable open interest walls at 30-40 strikes for later expirations, suggesting a speculative bet on a recovery to previous highs rather than a deep crash. The massive implied volatility spikes at extreme strikes (both deep ITM and OTM) highlight a market pricing in a binary, volatile outcome rather than a steady trend.
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-05 | 0.042 | 0.162602 |
| 2026-09-03 | 0.035 | 0.145651 |
| Attribute | Value |
|---|---|
| All Time High | 45.785 |
| All Time Low | 2.38 |
| Ask | 23.3 |
| Ask Size | 8,000 |
| Average Daily Volume10 Day | 2,212,860 |
| Average Daily Volume3 Month | 2,786,223 |
| Average Volume | 2,786,223 |
| Average Volume10Days | 2,212,860 |
| Beta3 Year | 0.0 |
| Bid | 23.29 |
| Bid Size | 6,200 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 23.64 |
| Day Low | 23.2241 |
| Display Name | Ethereum Mini Trust ETF |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 23.0328 |
| Fifty Day Average Change | 0.25219917 |
| Fifty Day Average Change Percent | 0.010949566 |
| Fifty Two Week Change Percent | -35.14563 |
| Fifty Two Week High | 39.895 |
| Fifty Two Week High Change | -16.61 |
| Fifty Two Week High Change Percent | -0.4163429 |
| Fifty Two Week Low | 14.53 |
| Fifty Two Week Low Change | 8.755 |
| Fifty Two Week Low Change Percent | 0.60254645 |
| Fifty Two Week Range | 14.53 - 39.895 |
| First Trade Date Milliseconds | 1,721,741,400,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.09499931 |
| Fullday Change Percent | -0.40632728 |
| Fullday Price | 23.285 |
| Fund Family | Grayscale |
| Fund Inception Date | 1,721,692,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | Grayscale Ethereum Mini Trust ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1879185250 |
| Nav Price | 23.16 |
| Net Assets | 2,506,618,620.0 |
| Net Expense Ratio | 0.15 |
| Open | 23.47 |
| Previous Close | 23.38 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.09499931 |
| Regular Market Change Percent | -0.40632728 |
| Regular Market Day High | 23.64 |
| Regular Market Day Low | 23.2241 |
| Regular Market Day Range | 23.2241 - 23.64 |
| Regular Market Open | 23.47 |
| Regular Market Previous Close | 23.38 |
| Regular Market Price | 23.285 |
| Regular Market Time | 1,792,165,668 |
| Regular Market Volume | 735,031 |
| Short Name | Grayscale Ethereum Staking Mini |
| Source Interval | 15 |
| Symbol | ETH |
| Total Assets | 2,506,618,624 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 69.64048 |
| Trailing Three Month Returns | 69.64048 |
| Triggerable | 1 |
| Two Hundred Day Average | 21.2006 |
| Two Hundred Day Average Change | 2.0844002 |
| Two Hundred Day Average Change Percent | 0.09831798 |
| Type Disp | ETF |
| Volume | 735,031 |
| Yield | 0.0 |
| Ytd Return | -9.19458 |