Ether Bears Pull Back: ProShares Short Ether ETF Sees Notable Outflow as Price Holds Near $2,900
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The ProShares Short Ether Strategy ETF, SETH, recorded net outflows of $847,960 on December 26, 2025, trimming its assets under management to $11,127,779. The latest redemption represents roughly 7.6% of the fund’s AUM, a sizable vote of reduced conviction among traders betting against ether’s price.
Such a sharp single-day outflow suggests some short-position holders are either taking profits or unwinding hedges as the market reassesses the downside case for Ether. While SETH is designed to rise when ether falls, the capital retreat signals that a segment of investors is less confident in further near-term declines, or at least more cautious about maintaining leveraged bearish exposure at current levels.
The related asset, ETH-USD, is currently trading around $2,932.69. Over the past three months, ether has moved enough to keep volatility traders engaged, though the precise three‑month percentage change was not specified in the latest data. On a one-day basis, the technical picture is captured by a 1-day technical signal, which traders often use alongside derivatives and inverse products like SETH to fine-tune entry and exit points.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.