ProShares Ether Strategy ETF (EETH) USD Price
The ProShares Ether Strategy ETF (EETH), issued by ProShares, is a futures ETF that was launched on October 2, 2023. Unlike spot ETFs, which directly hold the underlying asset (in this case, Ethereum), this futures ETF invests in Ethereum futures contracts. The ETF aims to provide exposure to the price movements of Ethereum by investing in futures contracts traded on commodity exchanges. As a result, the performance of a futures ETF like this one may differ from the spot price of Ethereum due to factors such as contract rollover, futures market conditions, and the specific investment strategies employed by the fund. The ETF charges an annual management fee of 1.33%.
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