2x Ether ETF (NYSEARCA:ETHU) Stock Price Down 7% – Here’s Why

Posted by Karen Miller on Mar 1st, 2025

2x Ether ETF (NYSEARCA:ETHU – Get Free Report)’s share price fell 7% during mid-day trading on Friday . The company traded as low as $2.70 and last traded at $2.79. 21,326,250 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 35,724,453 shares. The stock had previously closed at $3.00.

2x Ether ETF Trading Down 2.7 %

The company’s fifty day moving average is $6.35 and its 200 day moving average is $6.62.

2x Ether ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 17th. Investors of record on Monday, December 16th were issued a dividend of $0.0029 per share. The ex-dividend date of this dividend was Monday, December 16th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in 2x Ether ETF stock. Silverleafe Capital Partners LLC purchased a new stake in shares of 2x Ether ETF (NYSEARCA:ETHU – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 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.