ProShares Ultra Ether ETF

ETHT

Market cap $167M

Choosing between ProShares Ultra Ether ETF (NYSEARCA:ETHT) and iShares Ethereum Trust ETF (NASDAQ:ETHA) comes down to which product the investor wants, not how much Ether exposure to take.

The Senate Banking Committee approved the Clarity Act in a bipartisan vote. But some issues are still up for debate.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Ethereum has lost roughly 61% of its value since the start of 2026. For traders holding ProShares Ultra Ether ETF ( NYSEARCA:ETHT ), a 2x daily leveraged product tied to Ethereum's price, that decline has been far more punishing than simply owning ETH outright.

ProShares Ultra Ether ETF ( NYSEARCA:ETHT ) launched in June 2024 with a promise of 2x daily leveraged exposure to Ethereum through futures contracts.

The ProShares Ultra Ethereum ETF is a 2x leveraged fund that has seen its AUM nearly triple year-to-date. Despite a 35% year to date total return for spot ETH ETFs, ETHT is actually negative on the year due to rebalance decay. My technical view of Ethereum is one that shows imminent weakness, as support levels under $4,000 per coin may soon be tested.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Dave Nadig, Nadig.com independent ETF expert, joins CNBC's Frank Holland on ‘Halftime Report' to discuss Baron Capital's entrance into the ETF market and why going active could work for the firm.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.