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.
Related funds
Classification
Symbol
Geography
Global
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash83.53%
Rights & Warrants6.65%
Government5.41%
Mutual fund4.42%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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.
ETHI trades at 14.63 USD today, its price has fallen −15.34% in the past 24 hours. Track more dynamics on ETHI price chart.
ETHI net asset value is 14.67 today — it's fallen 13.44% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ETHI assets under management is 3.03 M 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.
ETHI fund flows account for 3.23 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.
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.
ETHI invests in cash. See more details in our Analysis section.
ETHI expense ratio is 1.51%. 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, ETHI is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, ETHI pays dividends to its holders with the dividend yield of 4.66%.
ETHI trades at a premium (0.25%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ETHI shares are issued by Toroso Investments Topco LLC
ETHI 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 Sep 17, 2025.
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.