On September 11, Volatility Shares 2x Ether ETF rose 9.06% in regular trading, trading at $28.59/share, with turnover of approximately $103 million. As a 2x leveraged ETH ETF, the fund's sharp gain directly reflects the explosive rally in the underlying asset.
On the news front, Ethereum surged past $2,700 on September 11, marking a new all-time high as bulls continued to build momentum. According to Coinglass data, if ETH breaks $2,568, cumulative short liquidation intensity across major centralized exchanges would reach $942 million, indicating massive short-squeeze pressure that likely fueled the rally. The breakout follows a broader wave of institutional capital inflows, with nearly $900 million recently flowing into Bitcoin and Ethereum ETFs from Wall Street, pushing BTC above $81,000 and ETH past $2,500 earlier in the week. Additionally, on-chain data revealed aggressive leveraged positioning, including one trader opening a 25x long position on 18,587 ETH worth $44.85 million, and a whale holding a 4x long on 20,000 ETH with $10.7 million in unrealized profit, underscoring strong bullish conviction across the market.
(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.)
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