2x Ether ETF (NYSEARCA:ETHU – Get Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $48.39, but opened at $52.55. 2x Ether ETF shares last traded at $53.25, with a volume of 1,661,848 shares trading hands.
2x Ether ETF Stock Up 10.0%
The company has a 50 day moving average price of $50.77 and a 200 day moving average price of $84.92.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in 2x Ether ETF stock. OLD Mission Capital LLC purchased a new position in shares of 2x Ether ETF (NYSEARCA:ETHU – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm 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 SEC filing.
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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