Bitwise Ethereum Strategy ETF (NYSEARCA:AETH) Trading 3.1% Higher

Bitwise Ethereum Strategy ETF (NYSEARCA:AETH) was up 3.1% during mid-day trading on Thursday . The stock traded as high as $34.32 and last traded at $34.19. Approximately 8,138 shares changed hands during mid-day trading, a decline of 14% from the average daily volume of 9,489 shares. The stock had previously closed at $33.17.

Bitwise Ethereum Strategy ETF Trading Up 3.1 %

The business has a fifty day moving average of $35.00 and a 200-day moving average of $41.32.

Institutional Trading of Bitwise Ethereum Strategy ETF

A hedge fund recently raised its stake in Bitwise Ethereum Strategy ETF stock. Claro Advisors LLC grew its position in shares of Bitwise Ethereum Strategy ETF (NYSEARCA:AETH) by 36.5% during the first quarter, according to its most recent filing with the SEC. The firm owned 9,519 shares of the company’s stock after acquiring an additional 2,546 shares during the period. Claro Advisors LLC’s holdings in Bitwise Ethereum Strategy ETF were worth $455,000 at the end of the most recent quarter.

About Bitwise Ethereum Strategy ETF

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.