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2x Ether ETF (ETHU)

Digital Assets | Exchange Traded Fund | Cboe US
25.72 USD -1.40 (-5.162%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 25.79 +0.07 (0.284%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 2:09 a.m. EDT

This is a classic leveraged ETF trap where the math is working against the holder faster than the underlying asset is dropping. While the underlying Ether has rallied 53% over the last year, this 2x product has been decimated by decay, trading at a fraction of its potential value. The recent price action shows a desperate, volatile bounce, but the technicals remain heavily weighted below the 50-day average, indicating the broader trend is still down. The options market confirms this tension: traders are buying cheap insurance (deep OTM puts) while simultaneously betting on a catastrophic collapse or a parabolic spike, rather than a steady recovery. The dividend yield is misleading; it is a distribution of capital to offset the relentless drag of compounding leverage loss, not a sign of health. For a short-term swing trader, the setup is precarious due to the risk of further decay; for a long-term holder, the structural mechanics of a leveraged ETF make it an unsuitable vehicle for holding through crypto cycles.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.672131
MSTL0.870976
AutoETS0.889626
AutoARIMA0.895505

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 29%
H-stat 9.32
Ljung-Box p 0.000
Jarque-Bera p 0.347
Excess Kurtosis -0.10

As of Aug. 22, 2026, 2:09 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional breakout. The expiration on September 18th shows massive open interest walls at strikes significantly below the current price (10, 12, 15) alongside heavy volume in deep out-of-the-money calls (35, 66, 80), suggesting a bet on a 'crash' or a massive gap-up event. Deep out-of-the-money puts (strikes 2, 4, 5) for January 2027 indicate a hedge against a prolonged drawdown. The implied volatility surface is skewed, with spikes at deep OTM strikes, reflecting fear of a leveraged blow-off top or a sharp correction.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.06% 1.19%
Dividend History
Date Dividend Yield %
2026-08-19 0.012 0.061602
2026-07-22 0.015 0.089874
2026-06-17 0.014 0.100358
2026-05-20 0.027 0.120914
2026-04-22 0.013 0.045202
2026-03-18 0.019 0.077017
2026-02-18 0.021 0.102240
2026-01-21 0.043 0.077814
2025-12-15 0.068 0.125949
2025-11-25 0.078 0.138175
2025-10-29 0.123 0.113490
2025-09-26 0.163 0.133268
2025-08-27 0.115 0.070037
2025-07-29 0.083 0.069294
2025-06-26 0.029 0.054511
2025-05-28 0.008 0.012378
2025-04-28 0.033 0.101258
2025-03-27 0.200 0.448431
2025-02-26 0.080 0.122699
2025-01-29 0.280 0.216886
2024-12-16 0.060 0.025231
2024-11-26 0.080 0.047281
2024-10-29 0.140 0.123239
2024-09-26 0.080 0.066556
2024-08-28 0.100 0.089767
2024-07-24 0.140 0.061810
2024-06-25 0.060 0.024855
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 4.5

Info Dump

Attribute Value
All Time High 323.2
All Time Low 5.68
Ask 25.82
Ask Size 800
Average Daily Volume10 Day 9,346,070
Average Daily Volume3 Month 6,595,677
Average Volume 6,595,677
Average Volume10Days 9,346,070
Beta3 Year 0.0
Bid 25.65
Bid Size 300
Category Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 27.7
Day Low 25.0907
Dividend Yield 4.5
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 16.3184
Fifty Day Average Change 9.4016
Fifty Day Average Change Percent 0.5761349
Fifty Two Week Change Percent -80.86233
Fifty Two Week High 169.45
Fifty Two Week High Change -143.73
Fifty Two Week High Change Percent -0.8482148
Fifty Two Week Low 10.72
Fifty Two Week Low Change 14.999999
Fifty Two Week Low Change Percent 1.3992536
Fifty Two Week Range 10.72 - 169.45
First Trade Date Milliseconds 1,717,507,800,000
Full Exchange Name Cboe US
Fullday Change -1.4
Fullday Change Percent -5.16225
Fullday Price 25.793
Fund Family Volatility Shares Trust
Fund Inception Date 1,717,372,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Ether is a digital asset that is created and transmitted through the operations of the peer-to-peer “Ethereum Network,” a decentralized network of computers that operate on cryptographic protocols. Under normal circumstances, the fund will invest at least 80% of the value of its net assets (plus borrowings for investment purposes) in “Ether-Linked Instruments. The fund is non-diversified.
Long Name 2x Ether ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1883739521
Nav Price 26.565
Net Assets 717,924,480.0
Net Expense Ratio 2.97
Open 27.13
Post Market Change 0.072999954
Post Market Change Percent 0.28382564
Post Market Price 25.793
Post Market Time 1,787,961,593
Previous Close 27.12
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.4
Regular Market Change Percent -5.16225
Regular Market Day High 27.7
Regular Market Day Low 25.0907
Regular Market Day Range 25.0907 - 27.7
Regular Market Open 27.13
Regular Market Previous Close 27.12
Regular Market Price 25.72
Regular Market Time 1,787,947,200
Regular Market Volume 8,235,747
Short Name 2x Ether ETF
Source Interval 15
Symbol ETHU
Total Assets 717,924,480
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -38.4727
Trailing Three Month Returns -38.4727
Triggerable 1
Two Hundred Day Average 31.347324
Two Hundred Day Average Change -5.627325
Two Hundred Day Average Change Percent -0.17951532
Type Disp ETF
Volume 8,235,747
Yield 0.045
Ytd Return -71.43116