ETHT

ProShares Ultra Ether ETF

$45.87

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The ProShares Ultra Ether ETF (ETHT) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the price of ether, the native cryptocurrency of the Ethereum blockchain.

Overview

ETF tracking ProShares Ultra Ether ETF

Category Leveraged

Issuer ProShares

Inception Date 2024-06-07

Market Cap $289.0M

Average Volume N/A

Dividend Yield 3.51%

52-Week Range $15.65 - $170.10

VWAP $46.86

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

ETHT aims to achieve its investment objective by investing in ether futures contracts and other ether-related financial instruments. The fund uses leverage to magnify the daily returns of the ether market, seeking to provide 2x the daily performance of ether.

✨ Key Features

Provides 2x leveraged exposure to the price of ether, the second-largest cryptocurrency by market capitalization
Invests in ether futures contracts and other ether-related financial instruments
Resets daily, so longer-term performance may differ significantly from the target 2x multiple
Relatively new fund with no performance history

⚠️ Primary Risks

Significant volatility and risk of loss due to the leveraged nature of the fund
Potential for divergence between the fund's performance and the actual 2x daily return of ether
Liquidity risks and potential for wide bid-ask spreads in the ether futures market
Risks associated with the underlying cryptocurrency market, including regulatory changes and security vulnerabilities

👤 Best For

ETHT is a highly speculative and risky investment, suitable only for experienced, sophisticated investors with a high risk tolerance and a short-term investment horizon. It is not recommended for most retail investors.