ProShares Ultra Ether ETF (ETHT)
Daily leveraged (2x) Ether futures ETF from ProShares – seeks 2x the daily performance of Ether (high-risk, short-term trading vehicle only).
Key Facts
| Issuer | ProShares |
|---|---|
| Ticker | ETHT (NYSE Arca) |
| Expense Ratio | 0.94% (net) |
| Approx. AUM | $1.66B (as of Jan 9, 2026) |
| Type | Leveraged 2x Ether futures (daily reset) |
| Inception | June 7, 2024 (trading start) |
| Official Site | ProShares ETHT Page |
Composition / Holdings
ETHT seeks 2x daily Ether performance via cash-settled CME Ether futures (no direct Ether holding).
| Asset | Percentage | Description |
|---|---|---|
| CME Ether Futures | Primary | Cash-settled futures for 2x daily Ether exposure |
| Cash/Collateral | Supporting | High-quality securities/money market for margin |
Daily reset leveraged product – compounding can cause significant deviation over periods >1 day. Not suitable for long-term holding.
Net Inflows & Outflows
Historical net flows showing demand for leveraged exposure. Strong cumulative inflows since launch (AUM growth to ~$1.66B), with high volatility due to leveraged nature and market conditions.
Performance Overview
Daily 2x leveraged performance vs. Ether spot (high correlation short-term; compounding/volatility decay impacts longer periods).
ESG & Sustainability Metrics
Estimated ESG profile for Ether exposure (futures-based; post-Merge PoS improves energy score, but leveraged structure adds complexity).
Pros
- Provides 2x daily amplified exposure to Ether price moves
- Strong AUM and liquidity for a leveraged crypto product
- Useful for short-term directional trades on Ether
- No direct custody needed (futures-based)
Cons
- Extreme risk from daily reset, compounding, and volatility decay (not for long-term holding)
- High 0.94% expense ratio
- Potential for substantial losses in volatile or sideways markets
- Requires active monitoring; not suitable for most investors
How to Buy ETHT
Available on major US brokers (Fidelity, Schwab, Vanguard, Robinhood, etc.). Search ticker ETHT. Intended for experienced, short-term traders only due to leveraged risks.
Not financial advice. Leveraged ETFs like ETHT involve extreme risk, including potential for total loss of principal. Investments in crypto products are highly volatile. Data approximate as of January 9-11, 2026 (sources: ProShares, Yahoo Finance, ETF.com). Always verify with official sources and understand daily reset/compounding effects.