Bearish Ether Bets Swell as ProShares Inverse ETF Draws Fresh Cash
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ProShares UltraShort Ether ETF, the ETHD fund, recorded fresh inflows of $11.15 million on April 14, 2026, marking a notable vote of confidence in leveraged downside exposure to Ether. The latest move lifts assets under management to about $88.37 million, with the single-day flow equal to roughly 12.6% of the fund’s total capital base.
The related asset, ETH-USD, is currently trading at $2,357.40 after dropping nearly 28.8% over the past three months, a slide that has made bearish vehicles like ETHD more attractive to tactical traders. Yet the short-term tone is shifting, with the token flashing a 1-day technical signal of Buy, hinting at a potential near-term rebound even as hedging demand remains elevated.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.