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

iShares Ethereum Trust ETF (NASDAQ:ETHA) was the target of unusually large options trading on Wednesday. Stock traders purchased 55,875 call options on the stock. This is an increase of 104% compared to the average daily volume of 27,408 call options.

iShares Ethereum Trust ETF Stock Down 4.3%

NASDAQ:ETHA opened at $20.39 on Friday. The stock has a 50-day simple moving average of $16.24 and a 200-day simple moving average of $19.93. iShares Ethereum Trust ETF has a 1 year low of $10.99 and a 1 year high of $31.18.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC boosted its position in shares of iShares Ethereum Trust ETF by 963.1% during the 1st quarter. Jane Street Group LLC now owns 3,052,081 shares of the company’s stock worth $42,180,000 after acquiring an additional 2,764,987 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its position in shares of iShares Ethereum Trust ETF by 50.4% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 26,149 shares of the company’s stock valued at $361,000 after buying an additional 8,767 shares during the last quarter. Tamar Securities LLC purchased a new position in shares of iShares Ethereum Trust ETF in the 1st quarter valued at $373,000. Parkwood LLC grew its position in shares of iShares Ethereum Trust ETF by 48.0% in the 1st quarter. Parkwood LLC now owns 672,000 shares of the company’s stock valued at $9,287,000 after buying an additional 218,000 shares during the last quarter. Finally, NewEdge Advisors LLC purchased a new position in shares of iShares Ethereum Trust ETF in the 1st quarter valued at $174,000.

iShares Ethereum Trust ETF Company Profile

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.