iShares Ethereum Trust ETF Sees Unusually Large Options Volume (NASDAQ:ETHA)

iShares Ethereum Trust ETF (NASDAQ:ETHA) saw some unusual options trading on Friday. Stock traders acquired 179,027 call options on the stock. This is an increase of approximately 224% compared to the typical daily volume of 55,259 call options.

iShares Ethereum Trust ETF Price Performance

NASDAQ ETHA opened at $25.88 on Friday. The business’s fifty day moving average is $19.86 and its 200 day moving average is $18.63. iShares Ethereum Trust ETF has a twelve month low of $10.99 and a twelve month high of $31.18.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ETHA. PNC Financial Services Group Inc. bought a new position in iShares Ethereum Trust ETF during the 4th quarter worth $25,000. HighTower Advisors LLC bought a new position in iShares Ethereum Trust ETF during the 4th quarter worth $350,000. Farther Finance Advisors LLC bought a new position in iShares Ethereum Trust ETF during the 4th quarter worth $185,000. Commonwealth Equity Services LLC raised its position in shares of iShares Ethereum Trust ETF by 74.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 31,567 shares of the company’s stock worth $798,000 after acquiring an additional 13,427 shares in the last quarter. Finally, Harbour Investments Inc. bought a new position in shares of iShares Ethereum Trust ETF in the 4th quarter worth about $93,000.

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.