Proshares UltraShort Ether ETF (ETHD)Digital Assets | Exchange Traded Fund | NYSEArca
32.45 USD
+1.65
(5.357%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 32.00 -0.45 (-0.450%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:08 a.m. EDT
This is a catastrophic failure of a leveraged inverse product, not a standard investment opportunity. The underlying asset (Ether) has suffered a -95% collapse over the last year, dragging this 3x short ETF down from a peak of $631 to roughly $33. The math is brutal: a 95% drop in the underlying requires a 185%+ gain just to break even, which is statistically improbable in the short term. The recent price action confirms the death spiral; after a brief, likely artificial bounce, the price plummeted 40% in two days, wiping out nearly all remaining equity value. The 5.66% dividend yield is a dangerous illusion—it is the result of massive capital destruction, not sustainable income. The options market is screaming 'more down,' with traders placing heavy bets on the asset falling further to the $145 strike level. Holding this is akin to betting against a falling knife while the blade is already embedded in your hand. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.443250 |
| MSTL | 0.499689 |
| AutoETS | 0.513644 |
| AutoARIMA | 0.521124 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 24% |
| H-stat | 6.85 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.020 |
| Excess Kurtosis | 0.54 |
As of Aug. 22, 2026, 2:08 a.m. EDT: Speculators are aggressively positioning for further downside. In the September expiration, put open interest significantly outweighs call open interest, with heavy concentration at strikes far below the current price (e.g., 145 strike puts vs 145 strike calls). The December expiration shows zero out-of-the-money call activity and massive in-the-money put volume, indicating a 'naked' bearish bet that the asset will not recover to breakeven. While there is some speculative call buying at extreme strikes (145), the overwhelming weight of the order book is on the downside.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.92% | 7.50% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-03 | 1.744 | 2.924212 |
| 2026-07-01 | 1.714 | 1.974654 |
| 2026-06-01 | 0.034 | 0.052091 |
| 2026-05-01 | 0.018 | 0.036058 |
| 2026-04-01 | 0.008 | 0.013243 |
| 2026-03-02 | 1.514 | 2.044841 |
| 2026-02-02 | 0.147 | 0.205911 |
| 2025-12-24 | 0.007 | 0.013818 |
| 2025-11-03 | 0.040 | 0.091954 |
| 2025-10-01 | 0.040 | 0.118694 |
| 2025-09-02 | 0.010 | 0.027027 |
| 2025-07-01 | 6.650 | 4.265555 |
| 2025-06-02 | 2.880 | 1.810182 |
| 2025-05-01 | 40.590 | 10.772293 |
| 2025-04-01 | 27.320 | 5.850107 |
| 2024-12-23 | 1.890 | 0.869365 |
| 2024-12-02 | 3.700 | 1.762744 |
| 2024-11-01 | 8.720 | 1.606692 |
| 2024-09-03 | 20.050 | 2.918486 |
| 2024-08-01 | 6.800 | 1.321646 |
| 2024-07-01 | 1.560 | 0.338468 |
| Attribute | Value |
|---|---|
| All Time High | 855.4 |
| All Time Low | 27.6 |
| Ask | 32.19 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 804,400 |
| Average Daily Volume3 Month | 383,234 |
| Average Volume | 383,234 |
| Average Volume10Days | 804,400 |
| Beta3 Year | 0.0 |
| Bid | 32.36 |
| Bid Size | 700 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 33.08 |
| Day Low | 30.24 |
| Dividend Yield | 5.66 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 62.2254 |
| Fifty Day Average Change | -29.775398 |
| Fifty Day Average Change Percent | -0.47850877 |
| Fifty Two Week Change Percent | -12.297297 |
| Fifty Two Week High | 106.8 |
| Fifty Two Week High Change | -74.350006 |
| Fifty Two Week High Change Percent | -0.6961611 |
| Fifty Two Week Low | 27.6 |
| Fifty Two Week Low Change | 4.8500004 |
| Fifty Two Week Low Change Percent | 0.17572466 |
| Fifty Two Week Range | 27.6 - 106.8 |
| First Trade Date Milliseconds | 1,717,767,000,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 1.65 |
| Fullday Change Percent | 5.35715 |
| Fullday Price | 32.0 |
| Fund Family | ProShares |
| Fund Inception Date | 1,717,632,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. In this manner, the fund seeks daily returns that correspond to two times the inverse (-2x) of the price of ether. The fund does not directly short ether. |
| Long Name | Proshares UltraShort Ether ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1878286381 |
| Nav Price | 30.8075 |
| Net Assets | 60,609,256.0 |
| Net Expense Ratio | 0.99 |
| Open | 30.81 |
| Post Market Change | -0.45000076 |
| Post Market Change Percent | -1.3867512 |
| Post Market Price | 32.0 |
| Post Market Time | 1,787,961,584 |
| Previous Close | 30.8 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 1.65 |
| Regular Market Change Percent | 5.35715 |
| Regular Market Day High | 33.08 |
| Regular Market Day Low | 30.24 |
| Regular Market Day Range | 30.24 - 33.08 |
| Regular Market Open | 30.81 |
| Regular Market Previous Close | 30.8 |
| Regular Market Price | 32.45 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 816,963 |
| Short Name | ProShares UltraShort Ether ETF |
| Source Interval | 15 |
| Symbol | ETHD |
| Total Assets | 60,609,256 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 20.99419 |
| Trailing Three Month Returns | 20.99419 |
| Triggerable | 1 |
| Two Hundred Day Average | 60.7348 |
| Two Hundred Day Average Change | -28.284798 |
| Two Hundred Day Average Change Percent | -0.46570992 |
| Type Disp | ETF |
| Volume | 816,963 |
| Yield | 0.056599997 |
| Ytd Return | 29.76316 |