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ETHH

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--%
1d
1w
1m

Analysis and statistics

  • Open
    16.4876$
  • Previous Close
    18.5826$
  • 52 Week Change
    --
  • Day Range
    -2.09$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

ETHH.TO represents the Horizons ETH High Yield Covered Call ETF, a Canadian-listed exchange-traded fund (ETF). This ETF aims to provide investors with exposure to Ether (ETH), the cryptocurrency associated with the Ethereum blockchain, while generating income through a covered call strategy. The covered call strategy involves writing (selling) call options on the ETH held in the fund's portfolio. This generates premium income for the fund, but may limit its potential upside if the price of ETH rises significantly. The ETF seeks to maximize monthly income while maintaining exposure to the price movements of ETH.
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Factors

Ethereum Price: ETHH.TO directly tracks Ethereum's price. If Ethereum rises, ETHH.TO generally rises, and vice versa. Market Sentiment: Overall investor optimism or pessimism towards crypto affects demand for ETHH.TO. Positive sentiment drives price up, negative sentiment drives it down. Regulatory Changes: New regulations regarding cryptocurrency trading or custody can impact investor confidence and ETHH.TO price. ETF Demand: Higher demand for ETHH.TO pushes its price up, while increased selling pressure leads to price decline. Management Fees: The ETF's expense ratio detracts from returns. Higher fees relative to competitors could make it less attractive. Tracking Error: ETHH.TO aims to mirror Ethereum's price but may deviate slightly due to trading costs and other factors. Larger tracking errors can affect its price compared to Ethereum.

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