100% physically backed by USDC and cash, a stablecoin pegged to the U.S. dollar, the 21Shares Short Ethereum ETP (SHETH) tracks the inverse performance of Ether, resulting in -1x returns of Ether. This ETP is part of a suite designed to equip experienced investors with a toolkit for tactical exposures.
This product is designed to provide a -1x exposure to Ethereum's performance on a daily basis. Investors who are contemplating such exposure should be mindful of the recommended holding period. For periods of longer than one day, the return of the product is not the same since the total return of the performance is multiplied by a factor of minus one. This is simply because the factor of minus one is reset on a daily basis.
Inverse ETPs are not suitable to all investors. This product is only intended for investors who understand the risks investing in a product with short exposure and intend to invest on a short-term basis.
For experienced investors looking to capitalize on daily market fluctuations, SHETH provides tactical exposures and an easy way to make portfolio adjustments.
SHETH is one product in a suite of unique solutions offering investors a familiar way to take a tactical position in the crypto market through easy-to-trade investment products.
100% physically backed
SHETH is 100% physically backed by USDC and cash and kept in cold storage by an institutional-grade custodian offering greater protection than custody options available to individual investors.
Since 2018, 21Shares has been fully carbon-neutral. Our commitment involves offsetting our carbon footprint through green initiatives, like cleaner power generation, reforestation efforts, and coral reef protection, all geared towards safeguarding the planet for future generations.
Compare SHETH to:
Cumulative %As of Feb 28, 2024
Bluefin Europe LLP
Virtu Financial Ireland Limited
How to invest: A step by step guideEverything you need to know to invest in our products at 21shares.
*It is important to note that market orders will execute at current market price, while limit orders allow investors to set a specific price at which to buy or sell the ETP.