The One+One Bitcoin and Ether ETF (NASDAQ:OOQB) experienced a modest uptick of 0.3% during trading on Thursday, with its price reaching $11.81 after peaking earlier at $12.36. This slight increase comes despite a notable decline in trading volume, which saw approximately 1,219 shares exchanged, reflecting a 35% drop from its average daily volume of 1,863 shares.
The ETF”s previous closing price stood at $11.78, showcasing a slow yet steady advancement in its market position. The fund, which has a market capitalization of $1.12 million, operates with a price-to-earnings ratio of 34.38 and a relatively high beta of 3.97, signifying its volatility compared to the broader market.
Traders should note that the One+One Bitcoin and Ether ETF aims for capital appreciation by leveraging exposure to both NASDAQ-100 companies and Bitcoin through futures contracts. This actively managed ETF was launched on February 19, 2025, under the management of Volatility Shares.
Additionally, the ETF has recently increased its dividend, declaring a payment of $0.9319 per share to shareholders of record as of December 15th, a significant rise from its prior dividend of $0.02. This move could indicate confidence in its financial performance and operational stability.
As the cryptocurrency market continues to evolve, observers will be keeping a close eye on the performance of the One+One Bitcoin and Ether ETF, especially considering its dual focus on digital assets and traditional equities. Investors may want to assess the implications of its trading patterns and dividend adjustments as they navigate this complex landscape.
