ETHU

2x Ether ETF

Fund Description

The 2x Ether ETF (Ticker: ETHU) is a leveraged Ether-linked ETF that seeks to provide daily investment results, before fees and expenses, that correspond generally to twice the performance of Ether for a single day, not for any other period.

The Fund presents different risks than other types of funds. The Fund is not suitable for all investors and should be used only by knowledgeable investors who understand the consequences of seeking daily leveraged (2x) investment results, including the impact of compounding on Fund performance. The Fund is intended to be used as a short-term trading vehicle. Investors in the Fund should actively manage and monitor their investments, as frequently as daily. The Fund is not intended to be used by, and is not appropriate for, investors who do not actively monitor and manage their portfolio. An investor in the Fund could potentially lose the full value of their investment within a single day. The Fund does not invest directly in Ether. Instead, the Fund seeks to benefit from increases in the price of Ether futures contracts for a single day.  
 

Fund Documents

Fund Data & Pricing
Net Assets as of 08/30/2024$106,529,570.79
NAV$5.57
Shares Outstanding19,140,000
Premium/discount Percentage-0.10%
Closing Price$5.56
Median 30 Day Spread0.17%

Data as of 08/30/2024

Median 30 Day Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

Fund Details
TickerETHU
Fund InceptionJune 4, 2024
Primary ExchangeCBOE BATS
CUSIP92864M400
Net Expense Ratio0.94%
Gross Expense Ratio1.85%*

*Volatility Shares will waive a portion of the management fee for the first year commencing on June 4, 2024, so that the management fee will be 0.94% of the net asset value of the Fund. After the one-year waiver period is over, the management fee will be 1.85%.

PerformanceQuarter end returns as of 06/30/2024
 Avg. Annualized 
 Quarter1 Year3 YearSince Inception
Fund NAV----22.84%
Market Price----22.83%

Expense ratio: 0.94%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 866.261.0273.

Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.  

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Distribution Detail
EX- DateRecord DatePayable DateIncome
06/25/202406/25/202406/26/20240.0027
07/24/202407/24/202407/25/20240.0072
08/28/202408/28/202408/29/20240.0049
09/26/202409/26/202409/27/2024TBD
10/29/202410/29/202410/30/2024TBD
11/26/202411/26/202411/27/2024TBD
12/16/202412/16/202412/17/2024TBD
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Top Holdings
% Of Net AssetsNameTickerCUSIPShares/ContractsMarket Value/Notional
281.04%United States Treasury Bill 09/17/2024912797LH8912797LH8300,000,000299,389,542.00
-46.33%9REPOPLL2 09/04/20249REPOPLL29REPOPLL2-49,351,500-49,351,500.00
-46.33%9REPOPLM0 09/04/20249REPOPLM09REPOPLM0-49,351,500-49,351,500.00
-46.33%9REPOPLN8 09/04/20249REPOPLN89REPOPLN8-49,351,500-49,351,500.00
-46.33%9REPOPLP3 09/04/20249REPOPLP39REPOPLP3-49,351,500-49,351,500.00
-46.33%9REPOPLQ1 09/04/20249REPOPLQ19REPOPLQ1-49,351,500-49,351,500.00
-46.33%9REPOPLR9 09/04/20249REPOPLR99REPOPLR9-49,351,500-49,351,500.00
199.85%CME Ether Future Sep24DCRU4 CurncyDCRU4 CURNCY1,688212,899,000.00
96.93%Cash & OtherCash&OtherCASH_USD103,264,279103,264,279.20

Data as of 09/03/2024. Cash & Other includes cash, other accrued assets & liabilities, & shares of money market funds that invest in U.S. government securities. Holdings are subject to change.

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