(EETH) ProShares Trust - Ratings and Ratios

ProShares Trust (NYSE ARCA:EETH) is designed to provide exposure to ether futures contracts, aiming to deliver returns that align with the performance of ether. As a non-diversified fund, it concentrates its investments in a limited number of assets, which can result in higher volatility compared to diversified funds. The fund operates in the digital assets category, focusing on the growing cryptocurrency market.

From a technical standpoint, EETH has shown a declining trend, with its 20-day SMA of 47.78 and 50-day SMA of 56.88 both above its current price of 42.03. The 200-day SMA of 59.18 further underscores the downward momentum. The Average True Range (ATR) of 3.44 indicates moderate price volatility, while the average 20-day volume of 100,868 shares reflects relatively low trading activity compared to broader markets.

Fundamentally, the fund manages assets under management (AUM) of $51.27 million, positioning it as a smaller player in the ETF space. This relatively modest AUM may limit its market impact but also suggests a more targeted approach to tracking ethers performance.