Short Ether bets deepened this week as ProShares’ UltraShort Ether ETF, ETHD, drew fresh inflows of $629,297 on April 1, 2026. With assets under management now at about $92.1 million, the latest move represents roughly 0.68% of the fund’s capital base, underscoring growing conviction among traders positioning for further downside in Ether.
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The related asset, ETH-USD, is currently trading at $2,060.10 after a sharp 3‑month slide of about 34.68%. Short-term momentum remains weak, with a 1‑day technical reading flashing Sell, a backdrop that likely emboldened bearish ETF flows and may keep volatility elevated as derivatives and leveraged products amplify market swings.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.