Bitwise Ethereum Strategy ETF (NYSEARCA:AETH) Shares Up 0% – Should You Buy?

Bitwise Ethereum Strategy ETF (NYSEARCA:AETH)’s stock price was up 0% on Friday . The company traded as high as $32.80 and last traded at $32.76. Approximately 3,827 shares were traded during mid-day trading, a decline of 7% from the average daily volume of 4,115 shares. The stock had previously closed at $32.75.

Bitwise Ethereum Strategy ETF Stock Up 0.0 %

The business has a fifty day moving average of $40.51 and a two-hundred day moving average of $36.99.

Hedge Funds Weigh In On Bitwise Ethereum Strategy ETF

An institutional investor recently raised its position in Bitwise Ethereum Strategy ETF stock. Jane Street Group LLC raised its position in Bitwise Ethereum Strategy ETF (NYSEARCA:AETH) by 14.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,961 shares of the company’s stock after purchasing an additional 3,048 shares during the period. Jane Street Group LLC owned 7.99% of Bitwise Ethereum Strategy ETF worth $801,000 as of its most recent filing with the Securities and Exchange Commission.

Bitwise Ethereum Strategy ETF Company Profile

The Bitwise Ethereum Strategy ETF (AETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is an actively managed fund that that seeks capital appreciation by providing Ethereum-linked exposure. The fund exclusively invests in ether futures contracts AETH was launched on Sep 29, 2023 and is issued by Bitwise.