Proshares UltraShort Ether ETF (ETHD) has become the best-performing exchange-traded fund of 2025, boasting an impressive 247% return. This fund offers an opportunity to speculate on Ethereum's declining prices.
Description of Proshares UltraShort Ether ETF
Proshares UltraShort Ether ETF (ETHD) aims to reflect twice the opposite of the daily performance of the Bloomberg Ethereum Index. It uses Ethereum futures contracts to bet against the leading altcoin, allowing traders to profit from market volatility.
Comparison with Other ETFs
In second place is the T-Rex 2X Inverse Ether Daily Target ETF (ETQ) with gains exceeding 100%. Despite ETHD's successes, both funds show negative performance over the past six months, with a decline of 0.93%.
Current Situation in the Ethereum Market
Ethereum has faced significant challenges, with the ETH/BTC pair reaching a multi-year low. Despite a recent minor recovery, Ethereum is still down nearly 14% over the past week. According to SoSoValue, Ethereum-focused funds lost a total of $3.29 million recently.
While the Proshares UltraShort Ether ETF demonstrates strong results, the overall situation in the Ethereum market remains challenging. Market participants should be cautious of volatility and associated risks with such investments.
