Ether Bulls Double Down: ProShares’ Leveraged ETHT Sees Surprising Inflows Amid Crypto Slump
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ProShares Ultra Ether ETF, ETHT, attracted fresh capital with an inflow of $13.16 million on February 06, 2026, even as the broader crypto market remains under pressure. The move is notable given the fund’s latest assets under management of $157.67 million, meaning the single-day intake represented roughly 8.35% of its total AUM.
The related asset, ETH-USD, is currently trading at $2,015.41 after a punishing three-month slide of about 41.79%, underscoring the volatility leveraged products like ETHT are built to amplify. Short-term momentum remains weak, with a one-day technical signal flashing Sell, suggesting traders are either bottom-fishing or positioning for a sharp rebound.
Such a large influx into a leveraged Ether vehicle indicates that risk-tolerant investors are willing to re‑engage, potentially betting that the recent drawdown has overshot fundamentals or that upcoming catalysts could reignite demand. At the same time, the scale of the flow relative to AUM may leave ETHT more sensitive to continued swings in Ether, magnifying both upside and downside for holders in the near term.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.