ProShares Ultra Ether ETF (ETHT)
ARCA ARCA Primary Summary
ETHT Chart
ETHT: 2x Ether ETF, Up Over 100% In The Past Month
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.
ETHT: It Does What It Says On The Tin (Just Read The Fine Print)
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 Leveraged/Inverse ETFs: 01/05/2025
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.
ProShares Ultra Ether ETF (ETHT) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has ProShares Ultra Ether ETF ever had a stock split?
ProShares Ultra Ether ETF Profile
| ARCA Exchange | US Country |
Overview
The company described operates as an investment fund focusing on delivering returns that inversely correlate with the price movements of ether, a leading cryptocurrency. Specifically, it aims to provide daily returns that are two times the opposite (-2x) of ether's price performance. This objective is pursued through investing in various financial instruments that, when combined, are believed by ProShare Advisors to achieve the intended daily target. It is important to note that the fund does not engage in direct short selling of ether. Instead, it utilizes a strategic approach to achieve its goal of inverse performance relative to ether's price movements through alternative investment methods.
Products and Services
- Daily Target Achievement Investment Strategy
This service involves a sophisticated investment strategy aimed at achieving daily returns that correspond to two times the inverse (-2x) of ether's daily price movements. The strategy is designed for investors seeking to capitalize on the potential declines in ether's price or those looking for a hedging mechanism against their cryptocurrency exposure. By not directly shorting ether, the fund employs alternative financial instruments, carefully selected by ProShare Advisors, to accomplish its daily return objectives.
It should be noted that this approach requires a nuanced understanding of the cryptocurrency market and the inherent risks associated with leveraged and inverse investment products. This product is best suited for experienced investors who thoroughly comprehend the complexities of such investment strategies.
Contact Information
