ProShares Ether Strategy ETF

EETH

Market cap $109M

I see a strong case for a rotation from Bitcoin to Ethereum, supported by whale activity, derivatives flows, and declining ETH supply. EETH underperforms spot ETFs on price but stands out with a 6%+ yield, making it attractive for income-focused investors despite higher fees. Risks include crypto market volatility, historical cycle peaks, and persistent Bitcoin dominance, tempering my bullishness with caution.

SHLD, SGDM and EPOL lead 1H25 ETF gains, while WEED, CHGX and EETH post the steepest declines amid global market shifts.

We have highlighted three ETFs, each from the best and worst-performing zones in the first quarter of 2025.

Wall Street was mixed last week with the S&P 500, the Dow Jones and the Nasdaq losing 1.9%, adding 0.7% and retreating 3.7% last week. The small-cap index Russell 2000 advanced 1.7% last week as “Trump Trade” gained momentum.

Wall Street delivered mixed performance last week. Here are some top-performing ETF areas.

Look into ETFs to capitalize on the approval for spot ETH ETFs and its encouraging outlook for both the short and long-term.

Wall Street has delivered a moderate performance in the second quarter of 2024.

Morningstar Direct expects the total number of actively-managed ETF offerings to top passive ones in the next three to five years, as quoted on Bloomberg.

On Friday, ProShares rolled out two ETFs offering 2x leveraged and 2x inverse exposure to the performance of ether, respectively. The ProShares Ultra Ether ETF (NYSE Arca: ETHT) and ProShares UltraShort Ether ETF (ETHD).

Wall Street has experienced a robust upswing in May, driven by fresh expectations of Federal Reserve rate reductions at the initial phase of the month, strong corporate profits, and the artificial intelligence (AI) craze. This month, all three principal indexes soared to unprecedented heights.