2x Ether ETF (NYSEARCA:ETHU) Shares Gap Up – Here’s What Happened

2x Ether ETF (NYSEARCA:ETHUGet Free Report) shares gapped up prior to trading 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 Price Performance

The stock has a 50-day moving average price of $4.43 and a 200 day moving average price of $6.20.

Institutional Investors Weigh In On 2x Ether ETF

An institutional investor recently bought a new position in 2x Ether ETF stock. Silverleafe Capital Partners LLC bought a new stake in 2x Ether ETF (NYSEARCA:ETHUFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 70,442 shares of the company’s stock, valued at approximately $549,000.

2x Ether ETF Company Profile

(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.

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