Ethereum 2x Short ETF, US ETF Yield Ranks 2nd·3rd
2x leverage short ETFs betting on Ethereum price decline are gaining attention by recording top-tier returns in the US-listed ETF market this year. Bloomberg ETF analyst Eric Balchunas said, "There is a lot of interest in the question of which ETF has the highest returns this year," noting that "ETH 2x short ETFs are not number one but have almost reached that level."
The product currently recording the highest returns is a 3x leverage gold mining ETF, which has risen about 180% since the beginning of the year. Following this, the ETH 2x short ETF known as ETHD has a return of 176.18%, and ETQ has 151.17%, taking second and third place respectively.
Ethereum is experiencing a downward trend along with a general market adjustment and is currently trading at $1,630.59 according to CoinMarketCap. On this day, it is rebounding slightly with a 3.38% increase.
This record is interpreted as an example showing that an ETF investment strategy utilizing specific positions can yield high returns even amidst a downward trend in the digital asset market. Particularly, there is analysis suggesting that interest in short leverage products is expanding among institutional and high-risk preference investors.