2x Ethereum Returns: What To Watch With ETHU as Crypto Volatility Explodes

2x Ethereum Returns: What To Watch With ETHU as Crypto Volatility Explodes

Quick Read ProShares Ultra Ether ETF (ETHU) has fallen 60% year-to-date by design, delivering 2x leverage on Ethereum’s 31% decline, and uses CME Ether futures with a 0.94% expense ratio rather than holding ETH directly. The fund saw $113 million flow in on a single day in early February but has experienced sharp outflows during crypto selloffs, with assets peaking near $1.89 billion in mid-January. Ethereum’s price movement and ETHU’s returns…