🎉 Registration for the $5 Million WCTC S7 Trading Competition is Live!
🎁 Register Now & Claim #Red Packets# for Three Consecutive Days
➡️ Register Here: https://www.gate.io/competition/wctc/s7
🧧 Red Envelope Codes will be Announced on Gate_Post According to the Following Schedule.
🔔 Red Packet Times:
— April 17, 09:00 AM (UTC)
— April 18, 09:00 AM (UTC)
— April 19, 09:00 AM (UTC)
👉 More WCTC S7 Details: https://www.gate.io/announcements/article/44440
Analyst: Shorting ETH may become the best ETF investment strategy in the US for 2025, with a return rate of up to 247%.
According to Deep Tide TechFlow news on April 15, ETF analyst Eric Balchunas from Bloomberg analyzed that two leveraged exchange-traded funds (ETFs) shorting Ether have become the best-performing ETFs in the U.S. this year.
Among them, ProShares' UltraShort Ether ETF (ETHD) has a year-to-date return of 247%, ranking first; Rex Shares' T-REX 2X Inverse Ethereum Daily Target ETF follows closely with a return of about 220%. This performance stands in stark contrast to ETH's approximate 51% decline this year. ETHD operates with double inverse leverage on the Bloomberg Ethereum Index, while T-REX achieves returns by shorting spot Ethereum.