2x Ether ETF (NYSEARCA:ETHU) Shares Gap Up – Still a Buy?

Posted by Emily Schoerning on Feb 26th, 2025

2x Ether ETF (NYSEARCA:ETHU – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $4.15, but opened at $4.28. 2x Ether ETF shares last traded at $4.26, with a volume of 11,725,729 shares changing hands.

2x Ether ETF Trading Down 8.4 %

The business has a 50-day moving average price of $6.58 and a two-hundred day moving average price of $6.67.

2x Ether ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 17th. Shareholders of record on Monday, December 16th were paid a $0.0029 dividend. The ex-dividend date of this dividend was Monday, December 16th.

Hedge Funds Weigh In On 2x Ether ETF

An institutional investor recently bought a new position in 2x Ether ETF stock. Silverleafe Capital Partners LLC bought a new stake in 2x Ether ETF (NYSEARCA:ETHU – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 70,442 shares of the company’s stock, valued at approximately $549,000.

About 2x Ether ETF

(Get Free Report)

The 2x Ether ETF (ETHU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is actively managed, aiming to provide 2x the daily price movements of Ether (ETH). The funds primary investment is cash-settled CME Ether futures ETHU was launched on Jun 4, 2024 and is issued by Volatility Shares.