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2x Ether ETF (ETHU)

NYSE
Currency in USD
23.12
-0.30(-1.28%)
Real-time Data·

ETHU Comments

ETHU $54.00, ETH $3,000
ETHU $54.00, ETH $3,000
Etherium is the second best crypto after bitcoin. Expect a massive breakout after it clears 4k level.
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This is not -2X like it said in the investing.com description. This is the full description: The 2x Ether ETF (Ticker: ETHU) is a leveraged Ether-linked ETF that seeks to provide daily investment results, before fees and expenses, that correspond generally to twice the performance of Ether for a single day, not for any other period. The Fund presents different risks than other types of funds. The Fund is not suitable for all investors and should be used only by knowledgeable investors who understand the consequences of seeking daily leveraged (2x) investment results, including the impact of compounding on Fund performance. The Fund is intended to be used as a short-term trading vehicle. Investors in the Fund should actively manage and monitor their investments, as frequently as daily. The Fund is not intended to be used by, and is not appropriate for, investors who do not actively monitor and manage their portfolio. An investor in the Fund could potentially lose the full value of their investment within a single day. The Fund does not invest directly in Ether. Instead, the Fund seeks to benefit from increases in the price of Ether futures contracts for a single day.
This is why this etc tend to have time decay . And decreased in value with a time
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reverse split
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What happend
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Good question i don t understand nor moore buying and investibb no g showing x10 the price ?!?
at 2.42 and ether sitting at 2k is looking like a buy at this price
Mojo_blockchain
Bullish
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