How to Buy ProShares Ether Strategy ETF Shares

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

It’s simpler, more cost-effective, and convenient than ever to invest in Ethereum. Thanks to the arrival of some top Ethereum ETFs, you can start investing in Ethereum with just a few clicks, in no time at all.

That’s because you can invest in the ProShares Ether Strategy ETF through a traditional trading account. It’s a low-cost, secure way to get exposure to the world’s largest cryptocurrency, with less risk compared to trading the crypto itself.

You don’t need to sign up to a crypto exchange or manage your own crypto at all if you don’t want to, so an ETF like EETH is the perfect route in for beginners, or casual investors.

Here we go through a step-by-step walkthrough on how to buy the ProShares Ether Strategy ETF, making the process simple and accessible for everyone. 

Compare the best ProShares Ether Strategy ETF trading platforms

To invest in an ETF, you need to sign up with an online stock broker like eToro .

All of the recommended ETF platforms below offer a beginner-friendly way to invest. We’ve ordered them according to their value for money, regulatory status, and how easy it is to use the platform.

4.6

eToro

Min. Deposit $100

Fees 1%

No. assets 3600+

Demo account Yes

Visit site

eToro review

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

4.5

Plus500

Min. Deposit $100

Fees From 2%

No. assets 2800+

Demo account Yes

Visit site

Plus500 review

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.

How to buy ProShares Ether Strategy (EETH)

Min. Deposit n/a

Fees –

No. assets n/a

Demo account –

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How to buy EETH ETF, a step-by-step guide

Investing in the ProShares Ether Strategy ETF is quick and painless, so don’t worry even if you’re new to ETF investing. These are the steps to follow in order to complete your investment:

1. Choose a broker

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You need to use an online brokerage platform to buy shares in the EETH ETF. We recommend eToro , but there are many different options to choose from.

The main thing to check is that the broker offers ETFs in general and the ProShares Ether Strategy ETF in particular. Along with that, compare the fees across similar platforms before you decide which one to use.

4.6

eToro

Min. Deposit $100

Fees 1%

No. assets 3600+

Demo account Yes

Visit site

eToro review

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

2. Create an account

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Once you’ve selected your broker, simply go to their website and create an account. The steps required for this will vary from platform to platform, but generally you can expect to have to provide your name, email address, phone number, and some form of photo identification.

You can only start using the account properly after you’ve verified your identity with that form of ID. This is normal practice, in accordance with financial regulations laid down by the Securities and Exchange Commission which are designed to prevent fraud and money laundering online.

3. Deposit funds

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Log into your broker account and select the option to deposit funds. Depending on your broker you’ll have a variety of payment options available; most brokers accept bank transfers and debit card payments, but not all accept e-wallets such as PayPal. 

Select your preferred payment method and deposit the amount of money you wish to invest in the EETH ETF.

4. Place an order for EETH ETF

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Search for the ProShares Ether Strategy ETF ticker symbol (EETH) and see the current price at which the ETF is trading.

If you’re happy with the price, enter the amount of shares you wish to own and place your order.

5. Execute your order

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Once you have placed your order, your broker will automatically execute it for you and your shares will be listed in your account. 

Congratulations, you’ve just invested in the ProShares Ether Strategy ETF!

You should check back regularly and monitor this position. Have a price in mind at which you’d be prepared to sell, to lock in a profit (hopefully) or limit a loss.

Should I invest in the ProShares Ether Strategy ETF?

It’s a simple way to invest in Ethereum if you don’t want to own the coins themselves. An ETF is an ideal investment tool for beginners because it’s cheap and easy to buy, and using one to get exposure to Ethereum is a lot simpler than putting your money into cryptocurrency directly.

Here are a few reasons you might want to consider investing in ProShares Ether Strategy ETF. 

• Regulation. The ProShares Ether Strategy ETF is subject to regulatory oversight by the SEC. This means you’ll have better protection and transparency which is often lacking in the wider crypto market. 
• ProShares Ether Strategy ETF is more accessible. Rather than investing directly in ETH, buying ProShares Ether Strategy ETF is easier and more accessible to the everyday investor. This makes it a good choice if you’re unsure how to navigate the crypto market. 
• Simplicity. You can buy and sell shares of the ProShares Ether Strategy ETF just like stocks and use a familiar trading platform so you won’t need to learn new processes. 
• ProShares Ether Strategy ETF takes care of custody. When you buy Ethereum directly you’ll need to find a place to store your coins. While this is generally quite simple to do, it’s even easier to buy the EETH as everything is taken care of for you. 
• Potential tax efficiency. Investing in an ETF generally offers a more straightforward way to report tax compared to direct ownership of crypto. Although this largely depends on your local jurisdiction and tax rules. 

This is not the only Ethereum ETF available. It’s one of a flurry of ETFs that were made available at around the same time. Here are a few more Ethereum ETFs you can buy:

How has the EETH ETF performed in recent years?

The current ProShares Ether Strategy ETF price is $30.00. As the fund is fairly new, there is not much past price performance to take into account.

One of the best ways to evaluate the performance of an ETF like the ProShares Ether Strategy ETF is by tracking the price of Ethereum and comparing the two. The rises and falls of the ETF should very closely resemble the Ethereum price. If it doesn’t, consider looking elsewhere.

Are there other ways to buy ProShares Ether Strategy ETF?

Yes, you can invest in ProShares Ether Strategy ETF in several ways. One option is to buy stock in the EETH ETF directly through an investment platform as laid out above. 

Another option is to use a social copy trading platform, like eToro. Find a trader who you like and copy their ProShares Ether Strategy ETF trades directly to your own account. 

This can be a good investment strategy for beginners and a way to learn how to buy ProShares Ether Strategy ETF from someone with more experience.

What are the fees for investing in ProShares Ether Strategy ETF?

It depends on the stockbroker. Some platforms charge a flat fee per trade, others charge a commission as a percentage of the total trade value each time you buy the EETH ETF.

Consider that there may be other costs to trading too. Other fees can include deposit and withdrawal fees, or inactivity fees if you don’t use your account for three months or more. 

These are the trading platforms that charge the lowest fees for buying ProShares Ether Strategy ETF.

How to sell ProShares Ether Strategy ETF

When you decide the time is right to sell and lock in some profit (or cut your losses), log into your broker account and navigate to your portfolio. 

From there, find your ProShares Ether Strategy ETF holding and you’ll see a ‘sell’ option next to it. Click that to set the details of the trade (you don’t have to sell all your stocks at once) and sell back to cash.

Should I buy ProShares Ether Strategy ETF now?

It’s your investing goals and style that define whether now is a good time to buy. The current EETH ETF price plays into it but ultimately it depends on your investment horizons.

• If you’re a short term trader: the goal is to make money by buying and selling stocks regularly to secure a profit or avoid a loss. That can mean trading hourly, daily, or weekly but the focus is always on the near future. Traders learn how to buy shares in ProShares Ether Strategy ETF based on short term technical analysis and don’t hold shares for a long time, so any time can be a good time to buy EETH.
• If you’re a long term investor: you’re more interested in long term price appreciation than whether a stock is up or down on any given day. The important thing is finding a stock with a strong foundation where you think the share price will be up over a period of months or years. If you think the ProShares Ether Strategy ETF fundamentals are solid then the best time to invest in EETH ETF shares is after a dip or a pullback in price.

Most new traders sit somewhere between these two positions. You don’t want to actively trade ProShares Ether Strategy ETF all hours of the day but you don’t want to wait years for a return either.

Either way, following EETH price news and analysis will help you decide when to dip your toe into the market.

Quick answers to key questions

Is the ProShares Ether Strategy ETF overvalued?

There is no perfect way to value an ETF. You can use financial metrics like the P/E ratio to compare share prices among EETH ETF and its competitors, where a higher ratio indicates that an ETF is more expensive. But lots of different factors play into the ProShares Ether Strategy ETF share price and the ‘right’ valuation is often a matter of opinion.

Do I have to pay capital gains tax on any profits I make?

It depends on where you live but you do normally have to pay capital gains tax any time you make money from investing in the ProShares Ether Strategy ETF.

Capital gains tax is often charged at 10-15% of your profit but there are ways to limit the amount you have to pay, by using tax-friendly stock market investment vehicles and writing off losses.

Speak to an accountant or a tax professional and check the tax laws where you live to find out more.

What is ProShares Ether Strategy ETF‘s ticker symbol?

The ProShares Ether Strategy ETF ticker symbol is EETH. A ticker symbol, or stock code, is an exchange traded fund’s unique identifier so that you can find them on stock exchanges.

What is ProShares Ether Strategy ETF?

ProShares Ether Strategy ETF is an exchange-traded fund that aims to give investors exposure to the price movements of ether, the native cryptocurrency of the Ethereum blockchain, through futures contracts.

EETH was among the first wave of Ethereum futures ETFs approved by the U.S. Securities and Exchange Commission (SEC). EETH does not directly invest in or hold Ether. Instead, the fund primarily invests in Ether futures contracts traded on the Chicago Mercantile Exchange (CME).

ProShares Ether Strategy ETF vs similar Ethereum ETFs

EETH uses futures contracts as opposed to holding ETH directly. This approach is similar to several other Ethereum ETFs such as the VanEck Ethereum Strategy.

The fund’s expense ratio of 0.95% is competitive within the Ethereum futures ETF space. For comparison, the VanEck Ethereum Strategy ETF has an expense ratio of 0.95%, while the Bitwise Ethereum Strategy ETF charges 0.85%.

The fund also employs an actively managed strategy. This means that the fund manager has control over the fund’s futures positions based on market conditions. This is similar to other Eterheum futures ETFs but differs from passive index-investing tracking strategies.