News Explorer — Leveraged Ethereum ETFs Set to Start Trading

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Jun 5, 10:16 am

The Defiant

Leveraged Ethereum ETFs Set to Start Trading

New leveraged Ether ETFs have entered the market, with Volatility Shares launching the first 2x long Ether ETF on June 4 and ProShares set to launch two leveraged ETFs investing in ETH derivatives on June 7. The 2x Ether ETF (ETHU) saw $5 million in volume on its first day of trade, outperforming unleveraged Ether futures ETFs. ProShares will debut the ProShares Ultra Ether ETF (ETHT) and ProShares UltraShort Ether ETF (ETHD) on June 7, offering investors long and short exposure to Ether at 2x leverage, respectively.

New leveraged Ether ETFs have entered the market, with Volatility Shares launching the first 2x long Ether ETF on June 4 and ProShares set to launch two leveraged ETFs investing in ETH derivatives on June 7. The 2x Ether ETF (ETHU) saw $5 million in volume on its first day of trade, outperforming unleveraged Ether futures ETFs. ProShares will debut the ProShares Ultra Ether ETF (ETHT) and ProShares UltraShort Ether ETF (ETHD) on June 7, offering investors long and short exposure to Ether at 2x leverage, respectively.

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