Traders Buy Large Volume of iShares Ethereum Trust ETF Call Options (NASDAQ:ETHA)

iShares Ethereum Trust ETF (NASDAQ:ETHA) saw some unusual options trading on Wednesday. Stock investors purchased 352,160 call options on the stock. This represents an increase of approximately 153% compared to the typical daily volume of 139,070 call options.

iShares Ethereum Trust ETF Price Performance

Shares of iShares Ethereum Trust ETF stock traded up $1.29 during trading on Wednesday, reaching $15.73. 62,697,079 shares of the company’s stock were exchanged, compared to its average volume of 34,701,590. iShares Ethereum Trust ETF has a 1-year low of $11.52 and a 1-year high of $36.80. The firm’s 50-day moving average price is $13.57 and its 200 day moving average price is $15.19.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Continuum Advisory LLC lifted its position in shares of iShares Ethereum Trust ETF by 5.4% in the 1st quarter. Continuum Advisory LLC now owns 12,370 shares of the company’s stock worth $196,000 after purchasing an additional 638 shares during the period. Proathlete Wealth Management LLC boosted its stake in iShares Ethereum Trust ETF by 13.0% during the first quarter. Proathlete Wealth Management LLC now owns 5,960 shares of the company’s stock worth $94,000 after acquiring an additional 687 shares in the last quarter. Cardiff Park Advisors LLC grew its holdings in iShares Ethereum Trust ETF by 7.1% in the first quarter. Cardiff Park Advisors LLC now owns 10,707 shares of the company’s stock worth $169,000 after purchasing an additional 707 shares during the period. Insight Advisors LLC PA grew its holdings in iShares Ethereum Trust ETF by 9.0% in the fourth quarter. Insight Advisors LLC PA now owns 10,079 shares of the company’s stock worth $226,000 after purchasing an additional 832 shares during the period. Finally, Bank of America Corp DE increased its stake in iShares Ethereum Trust ETF by 1.4% in the first quarter. Bank of America Corp DE now owns 67,492 shares of the company’s stock valued at $1,068,000 after purchasing an additional 930 shares in the last quarter.

About iShares Ethereum Trust ETF

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.