Flow Traders U.S. LLC acquired a new stake in shares of 2x Ether ETF (NYSEARCA:ETHU – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 36,590 shares of the company’s stock, valued at approximately $2,071,000.
Separately, OLD Mission Capital LLC acquired a new stake in 2x Ether ETF during the first quarter worth about $680,000.
2x Ether ETF Stock Performance
Shares of ETHU opened at $58.44 on Monday. The stock’s 50-day moving average price is $95.37 and its 200 day moving average price is $102.35. 2x Ether ETF has a 12-month low of $22.10 and a 12-month high of $251.00.
2x Ether ETF Company Profile
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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