ETHU

2x Ether ETF

$66.08
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The ETHU 2x Ether ETF seeks to provide investment results that, before fees and expenses, correspond to twice (2x) the daily performance of the price of Ether, the native cryptocurrency of the Ethereum blockchain.

Overview

ETF tracking 2x Ether ETF

Category Leveraged
Issuer Other
Inception Date 2024-06-04
Market Cap $1.2B
Average Volume N/A
Dividend Yield 0.88%
52-Week Range $22.40 - $246.60
VWAP $67.45

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The ETHU 2x Ether ETF seeks to provide investment results that, before fees and expenses, correspond to twice (2x) the daily performance of the price of Ether, the native cryptocurrency of the Ethereum blockchain.

🎯 Investment Strategy

The ETF uses derivatives such as futures contracts to obtain leveraged exposure to Ether. It aims to deliver 2x the daily returns of the Ether spot price, before fees and expenses.

✨ Key Features

  • Provides 2x leveraged exposure to the price of Ether
  • Uses derivatives to achieve the leveraged performance objective
  • Designed for short-term trading and speculative purposes
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Significant risk of loss due to the leveraged nature of the fund
  • Potential for volatile and unpredictable returns
  • Risks associated with the use of derivatives and leverage
  • Exposure to the speculative cryptocurrency market

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who seek short-term, speculative exposure to the price movements of Ether and are comfortable with the heightened risks of a leveraged cryptocurrency investment.