2x Ether ETF (NYSEARCA:ETHU – Get Free Report) traded down 5.1% during mid-day trading on Monday . The stock traded as low as $58.25 and last traded at $58.98. 782,136 shares traded hands during trading, a decline of 63% from the average session volume of 2,103,380 shares. The stock had previously closed at $62.18.
2x Ether ETF Trading Up 7.2%
The business has a fifty day simple moving average of $42.33 and a 200 day simple moving average of $98.17.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in 2x Ether ETF stock. OLD Mission Capital LLC purchased a new stake in shares of 2x Ether ETF (NYSEARCA:ETHU – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 370,684 shares of the company’s stock, valued at approximately $680,000. OLD Mission Capital LLC owned 2.84% of 2x Ether ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
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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