(ETHD) Proshares UltraShort Ether - NYSE
ETF Category: Digital Assets | Exchange: NYSE (USA) | Market Cap: 86m USD | Total Return: -44.2% in 12m
Avg Turnover: 29.3M
Warnings
No concerns identified
Tailwinds
Rs Leader
The ProShares UltraShort Ether ETF (ETHD) is a leveraged inverse exchange-traded fund designed to deliver daily investment results corresponding to two times the inverse (-2x) of the daily performance of ether. The fund achieves this exposure through financial derivatives rather than direct short positions in the underlying digital asset. As a tactical tool, it is intended for short-term hedging or speculative strategies regarding price depreciation in the Ethereum network.
The digital asset sector is characterized by high volatility and 24-hour trading cycles, which can lead to significant compounding effects in leveraged ETFs held beyond a single day. The business model of such funds relies on swap agreements and other financial instruments to maintain the target leverage ratio relative to the spot price of ether. For a deeper look into the risk metrics of this fund, ValueRay provides additional data points. This micro-cap ETF, launched in mid-2024, represents a specialized niche within the broader cryptocurrency derivative market in the United States.
- Ether price volatility drives leveraged inverse performance
- SEC regulatory clarity impacts Ethereum network adoption and sentiment
- Institutional capital flows into spot Ether ETFs pressure short positions
- Fed monetary policy shifts influence risk-on appetite for digital assets
As of June 19, 2026, the stock is trading at USD 81.05 with a total of 334,856 shares traded.
Over the past week, the price has changed by -14.52%,
over one month by +35.00%,
over three months by +49.13% and
over the past year by -44.19%.
Proshares UltraShort Ether has no consensus analysts rating.