ETHT offers 2x daily leveraged exposure to ether, making it a highly speculative tool for short-term momentum trading, not long-term investing. The ETF structure provides regulated, transparent access to ether futures, reducing risks of exchange fraud compared to direct crypto trading. Due to extreme volatility and drawdowns, investors can gain or lose capital rapidly with ETHT.
The ProShares Ultra Ether ETF aims to deliver daily returns twice those of the Bloomberg Ethereum Index, making it easier to trade Ether with leverage. This ETF is strictly for daily trading; holding it longer can lead to significant deviations from the expected 2x performance, as shown by historical losses. Statistical analysis confirms the fund closely tracks its target.
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.