Movement Alert｜Volatility Shares 2x Ether ETF Falls 8.49% in Pre-Market Trading, Ether ETF Outflows Continue to Pressure Leveraged Exposure

Market Focus11-13 17:01

On November 13, Volatility Shares 2x Ether ETF fell 8.49% in Pre-Market Trading, trading at $14.9984 per share, with turnover of $2.6373 million.

The move appears tied to continued pressure across ether-linked products after spot Ether ETFs recorded consecutive sizable net outflows and ether prices remained under pressure.

The latest market update indicated that spot Ether ETFs had already seen large withdrawals, including a single-day net outflow of $145 million on November 11 following a $185 million net outflow reported earlier. One major fund accounted for $130 million of the November 11 redemption. Separately, a large crypto whale's leveraged BTC and ETH long positions worth $493 million were fully liquidated, underscoring broader deleveraging in digital assets. Those factors help explain renewed weakness in leveraged ether exposure.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment