2x Ether ETF (NYSEARCA:ETHU – Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $2.19, but opened at $2.41. 2x Ether ETF shares last traded at $2.43, with a volume of 8,396,749 shares changing hands.
2x Ether ETF Trading Up 11.0 %
The business’s fifty day moving average price is $4.51 and its two-hundred day moving average price is $6.21.
Institutional Investors Weigh In On 2x Ether ETF
A hedge fund recently bought a new stake in 2x Ether ETF stock. Silverleafe Capital Partners LLC purchased a new position in shares of 2x Ether ETF (NYSEARCA:ETHU – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 70,442 shares of the company’s stock, valued at approximately $549,000.
About 2x Ether ETF
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.
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