TechFlow, April 15 — According to Bloomberg ETF analyst Eric Balchunas, the two leveraged exchange-traded funds (ETFs) that short ethereum have become the top-performing ETFs in the U.S. this year.
Among them, ProShares' UltraShort Ether ETF (ETHD) has delivered a year-to-date return of 247%, followed closely by Rex Shares' T-REX 2X Inverse Ethereum Daily Target ETF with a return of approximately 220%. This performance stands in stark contrast to ETH's decline of about 51% this year. ETHD achieves its returns through two times inverse leverage on the Bloomberg Ethereum Index, while T-REX generates gains by shorting spot ether.
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