2x Ether ETF

For traders who want amplified exposure to ether, this fund aims to return twice the daily move of ETH. Volatility Shares runs it, and the key detail is that it does not hold ether itself. Instead it stacks CME ether futures contracts, roughly 200% of assets, backed by collateral, to manufacture the 2x result. That structure carries a well-known catch: the target resets every day, so over longer stretches the fund's return can drift far from twice ether's cumulative move, especially in choppy markets. Compounding helps in a steady trend and hurts in a sideways grind. It is built for short holding periods and active management, not a buy-and-forget position. The product launched in June 2024, part of a wave of leveraged crypto funds that arrived after regulators grew comfortable with futures-based exposure.

On MyRWA, ETHU trades tokenized across 1 on-chain venue - see the listings below.