Markets News Report
August 16, 2023

Volatility Shares Expands ETF Horizons with Ether Strategy

Volatility Shares Expands ETF Horizons with Ether Strategy

Volatility Shares has once again made headlines by announcing the launch of its Ether Strategy ETF (Ticker: $ETHU). The company intends to schedule this listing ahead of similar launches by a day or two, echoing their strategic approach with the $BITX launch.

The Ethereum Exposure Pioneer

ETHU is not just another ETF in the market. Once live, it promises to be the first ETF providing investors with Ethereum and Ether-linked exposure in the U.S. 

The firm’s decision to launch ETHU is part of a larger strategic narrative. In July, Volatility Shares set a precedent by launching the first 2x bitcoin-linked ETF – BITX. The ETF targets daily investment outcomes that align with double the daily performance of the S&P CME Bitcoin Futures Daily Roll Index (minus fees and expenses), catering to those with a bullish, leveraged outlook on Bitcoin.

“The successful BITX launch paved the way for ETHU. With Ethereum in the spotlight now, our focus will soon shift to spot markets,” remarked Stuart Barton, the CIO of Volatility Shares.

Exploring Volatility Shares’ ETF Spectrum

Volatility Shares offers a diverse range of ETFs, each catering to specific investment strategies:

  • UVIX: This 2x Long VIX Futures ETF is crafted for investors with a bullish, leveraged perspective on implied equity volatility. It targets outcomes based on double the daily performance of the Long VIX Futures Index.
  • SVIX: Representing the opposite end of the spectrum, the -1x Short VIX Futures ETF aligns with daily results from the Short VIX Futures Index. It’s the go-to for those banking on short-term declining implied equity volatility.
  • ZIVB: Catering to a medium-term perspective, the -1x Short VIX Mid-Term Futures Strategy ETF seeks outcomes corresponding to the S&P 500 VIX Mid-Term Futures Inverse Daily Index. This ETF is another option for those betting on decreasing implied equity volatility over a more extended period.

The company currently seems to be influencing the realm of crypto-linked financial instruments with the impending launch of ETHU and a versatile ETF portfolio. Its current aggressive strategies coupled with tactical flexibility, positions the firm as a noteworthy entity in the constantly evolving investment landscape.

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About The Author

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

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Nik Asti
Nik Asti

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

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