Symbols

EETH

ProShares Ether ETF·NYSE

--(--)

Key Stats

Assets Under Management

86.97MUSD

Fund Flows (1Y)

63.42MUSD

Dividend Yield

57.24%

Discount/Premium to NAV

0.05%

Shares Outstanding

2.90M

Expense Ratio

0.95%

About ProShares Ether ETF

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/strategic/eeth

Inception Date

Oct 2, 2023

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

ProShare Advisors LLC

Distributor

SEI Investments Distribution Co.

EETH seeks to mirror the performance of ether (ETH) through standardized futures contracts traded on the Chicago Mercantile Exchange (CME). The fund invests primarily in USD cash-settled, front-month CME ether futures contracts while also considering back-month contracts. To maintain its exposure to ether, the fund replaces expiring futures contracts with new ones having later expiration dates. Additionally, the fund may utilize proceeds from reverse repurchase agreements as leverage to achieve the desired level of exposure. Investments are made via a wholly-owned Cayman Island subsidiary, capped at 25% at each quarter end. Note that investing in ETH futures carries high risk, including the potential for total loss.