The Motley FoolT3·29mo ago
ETHE Grayscale Ethereum Staking ETF Shares
ETF 19.11 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
ETHE
$19.11
—
Key stats
$19.11
- 52-Week Range
- $12.36 – $34.80
- YTD
- -25.32%
- IV Rank (30D)
- 9.68
- Straddle Price
- $2.25
- P/C Vol Ratio
- 1.17
- Open
- $19.25
- Day Range
- $18.90 – $19.36
- Volume
- 1,767,706
- Prev Close
- $20.00
About
Grayscale Ethereum Staking ETF Shares (ETHE) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2017-12-14
- Has Options
- Yes
Fund profile
- Expense ratio
- —
- Assets
- —
- Trailing yield
- 1.49% paid monthly
- Average daily volume
- $61M 30 sessions
- Holdings
- —
- Listed
- Dec 14, 2017 NYSE Arca
Moves with. Bitcoin (82% of its variance, beta 1.24). These factors explain 86% of its daily moves over the last year.
Fund flows
This product is not a registered investment company, so it does not file the monthly flow reports that funds file with the SEC.
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| ETHBiShares Staked Ethereum Trust ETF Shares of Fractional Undivided Beneficial Interest | — | 0.25% | $1.1B | — | compare |
| SSKREX-Osprey SOL + Staking ETF | — | 0.75% | $81M | −49.7% | compare |
| EZPZFranklin Crypto Index ETF | — | 0.19% | $17M | −28.5% | compare |
| BETHProShares Bitcoin & Ether Market Cap Weight ETF | — | — | $12M | −39.2% | compare |
| BTFCoinShares ETF Trust CoinShares Bitcoin and Ether ETF | — | 1.27% | $11M | −72.6% | compare |
The largest other funds in the Crypto Basket category.
ETF Profile
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -- | -34.45% | 52.70% | -0.98% | -4.11% | -14.65% | -0.30% |
| Feb | -- | 4.35% | -5.02% | 48.56% | -18.31% | -17.20% | 2.48% |
| Mar | -- | 11.83% | 17.56% | -11.42% | -14.40% | 2.77% | 1.27% |
| Apr | -- | -28.44% | 5.81% | -18.88% | -6.66% | 5.22% | -8.59% |
| May | -- | -36.86% | 0.72% | 70.16% | 39.24% | -12.87% | 12.08% |
| Jun | -- | -40.97% | 19.24% | -10.37% | -0.76% | -21.28% | -10.83% |
| Jul | -- | 74.10% | 4.48% | -14.42% | 55.15% | 14.93% | 26.85% |
| Aug | -- | -2.99% | 5.93% | -20.04% | 23.53% | 32.43% | 7.77% |
| Sep | -- | -21.11% | 3.56% | 6.06% | -2.67% | 10.07% | -0.82% |
| Oct | -- | 17.00% | 24.83% | 0.62% | -10.54% | -11.89%* | 4.00% |
| Nov | -- | -34.03% | 15.49% | 42.62% | -15.23% | -- | 2.21% |
| Dec | 0.00% | -29.83% | 13.70% | -7.77% | 7.64% | -- | -3.25% |
| Total | 0.00% | -85.28% | 307.06% | 54.86% | 31.69% | -22.63% | 47.62% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $20.47
SMA 50: $19.83
SMA 200: $17.94
Current: $19.11
EMA 12: $19.83
EMA 26: $20.03
MACD: -0.1996 | Signal: -0.2218
BULLISH
ADX (14): 24.64
WEAK TREND
+DI: 23.15
−DI: 33.54
Momentum Oscillators
RSI (14): 41.20
NEUTRAL
Stoch %K: 25.71
Stoch %D: 23.85
Williams %R: -85.06
Volume & Volatility
BB Upper: $22.40
BB Lower: $18.54
NEUTRAL
OBV: -172,862,636
Vol SMA 20: 2,355,276
Vol ROC: -58.66%
ATR: $0.71
True Range: $1.10
HV 20: 33.7%
HV 30: 43.6%
HV 60: 46.1%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis
LLM Stock Analysis Report
System Prompt: Professional financial analyst providing comprehensive stock analysis reports.
Analysis Framework:
Executive Summary:
Overall assessment: BEARISH (confidence level 6/10)
Key drivers and primary risks:
- Bearish momentum signals from MACD and trend indicators
- High volatility and risk profile, driven by beta >1.5
- Recent news sentiment neutral, but options market pricing a potential $5.00 move
Investment thesis: ETHE presents high-risk, high-reward opportunities. However, the bearish momentum signals and high volatility suggest caution is warranted.
Recent news sentiment impact:
- Neutral headlines from recent articles do not provide significant direction or catalysts
Technical Analysis:
Trend Direction: Short-term (1-4 weeks): BEARISH; Medium-term (1-3 months): NEUTRAL; Long-term (3-12 months): BULLISH
Support/Resistance Levels: SMA 20 ($17.89) and SMA 50 ($17.97) provide support, while the lower Bollinger Band ($15.93) offers resistance
Momentum Signals:
- RSI (14) at 35.36 indicates neutral territory
- MACD signals a bearish momentum with -0.51 / Signal: -0.20 / Histogram: -0.31
- Stochastic %K and %D suggest a potential reversal from oversold levels
Volume Analysis: Volume SMA 20 (2223970.75) indicates declining volume, while the OBV suggests bears are in control
News & Sentiment Analysis:
Recent Headlines Summary: Neutral news headlines do not provide significant direction or catalysts
Sentiment Assessment: Aggregate news sentiment is NEUTRAL
Catalyst Identification: No immediate catalysts identified; focus on technical signals and market context
Market Narrative: Technical signals suggest a potential reversal from oversold levels, while the high volatility and risk profile warrant caution
Risk & Volatility Assessment:
Beta Interpretation: Beta >1.5 indicates high-risk profile relative to market
Volatility Regime: High volatility regime with IV rank at 46.2%
Options Market Signals:
- IV Rank: Medium
- Put/Call Volume Ratio: 0.15 (Bullish sentiment)
- Options market pricing a potential $5.00 move by expiration
Downside Protection: SMA 20 ($17.89) and SMA 50 ($17.97) provide support; focus on risk management considerations
Market Context & Positioning:
Sector Performance: ETHE's performance relative to the sector is MIXED
Institutional Activity: Volume patterns suggest institutional interest, but caution warranted due to high volatility
Correlation Analysis: Correlation with SPY at 0.51 indicates a strong relationship; focus on market context and positioning
Relative Valuation: Position within trading range suggests potential for mean reversion or breakout
Key Levels & Action Items:
Critical Price Levels:
- SMA 20 ($17.89)
- SMA 50 ($17.97)
Breakout/Breakdown Levels:
- Lower Bollinger Band ($15.93) - potential support
- Upper Bollinger Band ($19.86) - potential resistance
Time-Sensitive Catalysts: None identified; focus on technical signals and market context
Risk Management: Stop-loss levels at SMA 20 ($17.89) and SMA 50 ($17.97); position sizing considerations due to high volatility
By considering the data provided, this analysis aims to provide a comprehensive overview of ETHE's technical and fundamental situation. The bearish momentum signals, high volatility, and risk profile suggest caution is warranted, while the potential for mean reversion or breakout from the current trading range provides opportunities for strategic investors.
Generated
News
All ETHE news →
BenzingaT3·29mo ago
GlobeNewswire Inc.T3·30mo ago
GlobeNewswire Inc.T3·31mo ago
ETHE Options Activity & IV Rank
ETHE IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 52.2%
7-DTE IV: 49.0%
Expected Move: $2.25
7-DTE Move: $1.10
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 147
Put Volume: 172
P/C Volume: 1.17
NEUTRAL
Call OI: 402
Put OI: 204
P/C OI: 0.507
Total OI: 606
ATM Options Pricing
ATM Call: $1.30
ATM Put: $0.95
Call %: 6.8%
Put %: 5.0%
Chain Summary
Chain Volume: 4,970
Chain OI: 68,189
Last Updated: 10/22/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 32nd percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
32%
vs own history
GEX tilt
+0.46
OI-weighted, today
Vanna tilt
+0.56
δ-sensitivity to IV
Charm tilt
-0.12
δ-decay vs time
Vanna tilt +0.56: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
? What is this?
· 37 ATM contracts, 6k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 22 · ATM 54.8% / Wing —
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 22 · ATM 52.5% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)8.3LowOct 22
IV Rank (30 DTE)9.7LowOct 22
Straddle Price (30 DTE)$2.25Oct 22
Beta Analysis
Risk Metrics
Beta: 2.4409
Alpha: -64.74%
Correlation: 0.4970
R-Squared: 24.7%
Stock Volatility: 62.6%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
ETHE Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
7 filers$41.08M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Wolverine Trading, LLC Custodian | $13.16M | 32.05% | 2025-09-30 |
| 2 | Susquehanna International Group, LLP Custodian | $8.31M | 20.24% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $6.43M | 15.66% | 2026-06-30 |
| 4 | GROUP ONE TRADING LLC Custodian | $4.02M | 9.79% | 2026-06-30 |
| 5 | Jane Street Group, LLC Custodian | $3.88M | 9.43% | 2026-06-30 |
| 6 | Simplex Trading, LLC Custodian | $2.73M | 6.66% | 2026-06-30 |
| 7 | IMC-Chicago, LLC Custodian | $2.54M | 6.18% | 2026-06-30 |
7 filers$12.03M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Wolverine Trading, LLC Custodian | $4.81M | 40.03% | 2025-09-30 |
| 2 | Susquehanna International Group, LLP Custodian | $2.53M | 21.07% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $2.27M | 18.89% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $941.69K | 7.83% | 2026-06-30 |
| 5 | Jane Street Group, LLC Custodian | $810.26K | 6.74% | 2026-06-30 |
| 6 | GROUP ONE TRADING LLC Custodian | $427.46K | 3.55% | 2026-06-30 |
| 7 | Simplex Trading, LLC Custodian | $227.13K | 1.89% | 2026-06-30 |
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
5.46M
SI % of Float
—
Days to Cover
1.92
Short Vol Ratio
39.0%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-22
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|