TXXH21Shares 2x Long HYPE ETF
The Fund seeks daily investment results that correspond to two times (2x) the daily price performance of HYPE.
By 21Shares US LLC · Launched 2026
1.89%
#5,509 of 5,562 · expensive
$7M
#4,906 of 5,562 · small
N/A
2 months
#5,420 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
EquityStrategy
Leveraged
What it actually holds
By weightAsset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- The Fund seeks daily investment results that correspond to two times (2x) the daily price performance of HYPE.
- Strategy
- Invests primarily in financial instruments to achieve daily returns that correspond to 2x the daily price performance of HYPE. Uses swaps and other investments to gain indirect exposure to HYPE.
- Inception date
- April 29, 2026
- Fund family
- 21Shares US LLC
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19