2x Ether ETF2x Ether ETF2x Ether ETF

2x Ether ETF

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Key stats


Assets under management (AUM)
‪2.54 B‬USD
Fund flows (1Y)
Dividend yield (indicated)
1.14%
Discount/Premium to NAV
Shares outstanding
‪24.81 M‬
Expense ratio
2.67%

About 2x Ether ETF


Issuer
Volatility Shares LLC
Brand
Volatility Shares
Inception date
Jun 4, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Volatility Shares LLC
Distributor
Foreside Fund Services LLC
ISIN
US92864M7983
ETHU is a bullish one-day bet on Ether, aiming for daily leveraged (2x) investment results, though it does not directly hold Ether. Instead, it invests in cash-settled Ether futures traded on the CME. To back these investments, the fund also holds money market instruments as collateral. The fund may also invest in reverse repurchase agreements, options, swaps, other Ether-linked investments, and investments in shares of other similar companies to manage leverage. The fund utilizes a wholly-owned Cayman Island subsidiary to manage exposure effectively. Note that ETHUs returns can deviate significantly from the 2x exposure if held longer than a day. As a geared product with daily resets, the fund is designed as a short-term trading tool and not a long-term investment vehicle. The fund is intended for investors willing to accept high levels of risk and potential rapid fluctuations in value.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Ether, short USD
Niche
Derivative
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ETHU assets under management is ‪2.54 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ETHU invests in cash. See more details in our Analysis section.
ETHU expense ratio is 2.67%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, ETHU is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, ETHU pays dividends to its holders with the dividend yield of 1.14%.
ETHU shares are issued by Volatility Shares LLC
ETHU follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 4, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.