ETHT Stock Summary and Trading Ideas (ProShares Ultra Ether ETF | ARCA:ETHT)

ProShares Ultra Ether ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Ethereum Index (the "Index"). Ether is a digital asset. The ownership and operation of ether is determined by participants in an online, peer-to-peer network sometimes referred to as the "Ethereum Network." The Index is designed to measure the performance of a single ether traded in USD and seeks to provide a proxy for the ether market. The Index price is a composite of U.S. dollar-ether trading activity reported by certain digital asset trading platforms that are evaluated based on a variety of different criteria, including the trading platforms' oversight and governance controls, liquidity, capital controls, data transparency and data integrity.

ProShares Ultra Ether ETF trades on the ARCA stock market under the symbol ETHT.

As of March 3, 2025, ETHT stock price declined to $7.35 with 1,903,600 million shares trading.

ETHT has a beta of 4.45, meaning it tends to be more sensitive to market movements. ETHT has a correlation of 0.18 to the broad based SPY ETF.

ETHT has a market cap of $100.70 million. This is considered a Micro Cap stock.

ETHT support price is $7.27 and resistance is $8.81 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ETHT shares will trade within this expected range on the day.