2x Ether ETF (ETHU)

The 2x Ether ETF (ETHU) is a leveraged exchange-traded fund from Volatility Shares. It seeks daily investment results, before fees and expenses, equal to two times the daily performance of ether, the cryptocurrency of the Ethereum network.

The fund does not hold ether directly. It obtains its exposure mainly through cash-settled ether futures contracts traded on regulated U.S. exchanges, together with cash and short-term instruments used as collateral. Its leverage is rebalanced each trading day.

Because the 2x target applies to a single day, the fund's performance over longer periods can differ meaningfully from twice the return of ether, especially when the price of ether is volatile. The fund is intended for short-term trading exposure rather than as a substitute for holding ether itself.