ETHI
Defiance Leveraged Long Income Ethereum ETF
📎 Investment Objective
The Defiance Leveraged Long Income Ethereum ETF (ETHI) seeks to provide investment results that, before fees and expenses, correspond to a leveraged multiple of the daily performance of the Ethereum cryptocurrency.
Overview
ETF tracking Defiance Leveraged Long Income Ethereum ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Defiance Leveraged Long Income Ethereum ETF (ETHI) seeks to provide investment results that, before fees and expenses, correspond to a leveraged multiple of the daily performance of the Ethereum cryptocurrency.
🎯 Investment Strategy
The ETF uses a combination of derivatives, such as futures contracts, to gain leveraged exposure to the price movements of Ethereum. The fund does not invest directly in Ethereum or other cryptocurrencies.
✨ Key Features
- Provides leveraged exposure to the price of Ethereum, aiming to amplify returns compared to the underlying asset
- Uses derivatives to gain the desired leveraged exposure, rather than direct investment in Ethereum
- Expense ratio of 0.00%, making it a low-cost option for investors seeking Ethereum exposure
- Limited performance history, as the fund has only recently launched
⚠️ Primary Risks
- Significant volatility and risk of loss due to the leveraged nature of the fund's strategy
- Potential for larger losses compared to investing directly in Ethereum in the event of adverse price movements
- Liquidity risk, as the fund may have difficulty buying or selling positions in volatile or illiquid cryptocurrency markets
- Counterparty risk associated with the derivatives used to gain exposure
👤 Best For
This ETF is best suited for experienced, risk-tolerant investors who are looking to gain leveraged exposure to the Ethereum cryptocurrency and understand the significant risks involved. It is not recommended for conservative or inexperienced investors.