$Volatility Shares 2x Ether ETF (ETHU.US)$ this is what real...
$Volatility Shares 2x Ether ETF (ETHU.US)$ this is what really scares the crap out of me on a leveraged ETF. we had a spike this morning to $9 on this ETF and out of nowhere you see a 300,000 share sell etherium reversed it's now negative 20 30 bucks for the day and the leverage ETF is off the peak by a dollar. so it really comes down to this if you believe Bitcoin by the end of this year or by Trump's inauguration date the 20th of January is going to be significantly higher 90 9500 ethereum also is going to trade up it may trade at a premium to bitcoin as a matter of a percent movement it may be at parity but it will be significantly higher and I think if we look at where ethereum was in July . nothing has changed about the usage of blockchain technology nothing it was just dumped by the Japanese they must have had such an enormous position in ethereum and they sold it and they sold the ETFs and you Mass liquidations in the US and it has not returned. all that being said we should be able to trade right back to where ethereum was in July and this ETF should be where it was in July and we're not even at a new high at that point not even remotely close.. so now that I've confused the crap out of you if you believe Bitcoin will continue, by this ETF only open or pre-market 8 bucks and it may be over $9 by the end of the day today and regain that loss if ethereum trades up a few hundred dollars. or it may take you a week two weeks to see that price but rest assured that Bitcoin is trading higher and ethereum will go up and this ETF is going to trade significantly higher.
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