Investors Purchase High Volume of Put Options on iShares Ethereum Trust ETF (NASDAQ:ETHA)

iShares Ethereum Trust ETF (NASDAQ:ETHA) was the target of unusually large options trading on Tuesday. Investors acquired 11,989 put options on the stock. This is an increase of 285% compared to the typical volume of 3,118 put options.

iShares Ethereum Trust ETF Trading Up 8.1 %

Shares of NASDAQ:ETHA opened at $12.89 on Wednesday. The business’s 50 day moving average price is $15.09 and its 200-day moving average price is $20.76. iShares Ethereum Trust ETF has a 1 year low of $10.99 and a 1 year high of $31.18.

Institutional Trading of iShares Ethereum Trust ETF

Institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. purchased a new position in iShares Ethereum Trust ETF in the 4th quarter valued at about $25,000. Ridgewood Investments LLC purchased a new position in shares of iShares Ethereum Trust ETF in the fourth quarter valued at approximately $34,000. Highline Wealth Partners LLC acquired a new stake in shares of iShares Ethereum Trust ETF in the fourth quarter worth approximately $37,000. Tucker Asset Management LLC increased its position in shares of iShares Ethereum Trust ETF by 10,742.9% during the fourth quarter. Tucker Asset Management LLC now owns 1,518 shares of the company’s stock worth $38,000 after purchasing an additional 1,504 shares in the last quarter. Finally, Copia Wealth Management acquired a new position in iShares Ethereum Trust ETF in the 4th quarter valued at $41,000.

About iShares Ethereum Trust ETF

The iShares Ethereum Trust ETF (ETHA) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Ether, less expenses and fees. ETHA was launched on Jul 24, 2024 and is issued by BlackRock.