Short Ether Bets Swell as ProShares ETHD Pulls In $1.67 Million Inflows
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ProShares UltraShort Ether ETF, the bearish Ether vehicle trading under ticker ETHD, attracted fresh inflows of $1,667,991 on April 09, 2026. With assets under management now at $81,867,813, the latest move represents roughly 2.04% of the fund’s capital base shifting into short Ether exposure.
The related asset, ETH-USD, is currently trading at $2,319.06 after a steep three-month slide of about 28.13%. Despite the drawdown, its 1-day technical signal flashes a cautious upside bias, sitting at Buy, hinting that some traders may be eyeing a near-term rebound.
The juxtaposition of renewed demand for a leveraged short ETF with a short-term buy signal on spot Ether underscores a divided market. Some investors appear to be positioning for further downside or volatility, even as technical indicators suggest a possible relief rally after months of pressure on the second-largest cryptocurrency.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.