Betting against Ether has been the best performing exchange traded fund (ETF) strategy so far in 2025, according to Bloomberg analyst Eric Balchunas. Two ETFs designed to take two-times leveraged short positions in Ether claimed (ETH) first and second place in a Bloomberg Intelligence ranking of the year’s top-performing funds, Balchunas said in a post on the X platform. In the year-to-date, ProShares UltraShort Ether ETF (ETHD) and T Rex 2X Inverse Ether Daily Target ETF (ETQ) are up approximately 247% and 219%, respectively, Bloomberg Intelligence data showed. The implications for Ether are “brutal,” Balchunas said
source: https://cointelegraph.com/news/this-year-s-top-etf-strategy-shorting-ether-bloomberg-intelligence?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound