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

iShares Ethereum Trust ETF (NASDAQ:ETHA) saw unusually large options trading on Tuesday. Stock investors bought 204,174 call options on the stock. This represents an increase of 52% compared to the average daily volume of 133,893 call options.

iShares Ethereum Trust ETF Stock Performance

ETHA opened at $14.53 on Wednesday. iShares Ethereum Trust ETF has a 1-year low of $11.52 and a 1-year high of $36.80. The stock’s fifty day simple moving average is $13.90 and its 200 day simple moving average is $16.49.

Hedge Funds Weigh In On iShares Ethereum Trust ETF

Several large investors have recently modified their holdings of ETHA. Colonial Trust Advisors bought a new stake in shares of iShares Ethereum Trust ETF during the 4th quarter worth about $25,000. Golden State Wealth Management LLC bought a new position in iShares Ethereum Trust ETF in the 4th quarter valued at about $26,000. Modus Advisors LLC bought a new position in iShares Ethereum Trust ETF in the 4th quarter valued at about $30,000. Acumen Wealth Advisors LLC acquired a new stake in iShares Ethereum Trust ETF during the fourth quarter worth approximately $30,000. Finally, Ancora Advisors LLC acquired a new stake in iShares Ethereum Trust ETF during the third quarter worth approximately $36,000.

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.