On August 21, Volatility Shares 2x Ether ETF rose 8.32% in after-hours trading, trading at $27.28/share, with turnover of $8.86 million. The rally was driven by Ethereum's continued surge to new all-time highs above $2,700, directly lifting this 2x leveraged ETH product.

On the news front, Ethereum broke through multiple resistance levels over recent days amid a confluence of bullish catalysts. U.S. President Trump urged Congress to pass the Digital Asset Market Clarity Act, establishing a regulatory framework dividing crypto assets between SEC and CFTC jurisdiction. The SEC also issued new rules exempting crypto token issuances from securities registration under certain conditions — a direct positive for Ethereum, which previously faced securities classification risk and traded at a discount. The rapid price surge triggered massive short squeezes, with over $29.9 billion in total liquidations within 24 hours, more than 90% from short positions. ETH network-wide contract open interest grew 11.15% to $29.18 billion, reflecting intensifying bullish momentum.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)