ETQ

T-Rex 2X Inverse Ether Daily Target ETF

$46.56

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The ETQ - T-Rex 2X Inverse Ether Daily Target ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the price of Ether (ETH), the second-largest cryptocurrency by market capitalization.

Overview

ETF tracking T-Rex 2X Inverse Ether Daily Target ETF

Category Inverse

Issuer Other

Inception Date 2024-10-24

Market Cap N/A

Average Volume N/A

Dividend Yield 0.01%

52-Week Range $25.60 - $626.25

VWAP $45.63

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF uses a combination of derivatives, including futures contracts and swaps, to gain the desired inverse exposure to the price of Ether. It aims to achieve its objective on a daily basis, but its performance may not match the target over longer time periods due to compounding effects.

✨ Key Features

Provides 2x inverse exposure to the daily price movements of Ether
Utilizes derivatives to achieve its investment objective
Designed for short-term, speculative trading rather than long-term investment
Has a very small asset base and may have limited liquidity

⚠️ Primary Risks

Significant volatility and risk of loss due to the leveraged, inverse nature of the fund
Potential for divergence from the target investment objective over longer time periods
Liquidity risk due to the small asset base and trading volume
Counterparty risk associated with the derivatives used by the fund

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who have a short-term, speculative investment horizon and are seeking to profit from declines in the price of Ether. It is not suitable for long-term investors or those with a low risk tolerance.