Key stats
About Defiance Leveraged Long Income Ethereum ETF
Home page
Inception date
Sep 17, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
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
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US88636W8828
ETHI aims for a daily target leveraged return of roughly 200% of Ether-related ETPs through swaps and options. The fund may invest in Ether-related ETPs only if it does not directly hold Ether or if it utilizes derivatives. Returns may deviate from the expected 200% if held for longer than a single day due to factors such as volatility and compounding effects. ETHI focuses its income strategy through writing or selling credit call spreads on the Ether-related ETPs. Ether is a digital asset maintained on the Ethereum Network, a decentralized, open-source, peer-to-peer computer network. ETHI does not invest directly in Ether and does not seek to provide exposure to its spot price. As collateral for its derivative investments, ETHI holds short-term fixed income instruments and US Treasurys. The fund anticipates monthly cash distributions for a structured approach to income generation while maintaining a focus on the performance of Ether-linked investments.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash83.07%
Government7.17%
Mutual fund6.15%
Rights & Warrants3.62%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ETHI assets under management is 2.28 M USD. It's risen 128.47% over the last month.
ETHI fund flows account for 2.71 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ETHI doesn't pay dividends to its holders.
ETHI shares are issued by Toroso Investments Topco LLC under the brand Defiance. The ETF was launched on Sep 17, 2025, and its management style is Active.
ETHI expense ratio is 1.51% meaning you'd have to pay 1.51% of your investment to help manage the fund.
ETHI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ETHI invests in cash.
ETHI trades at a premium (0.89%) meaning the ETF is trading at a higher price than the calculated NAV.