Ether Bulls Find Fresh Ammo as ProShares Ultra Ether ETF Sees $5.8 Million Inflow
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ProShares’ leveraged crypto vehicle, the ETHT Ultra Ether ETF, attracted $5.81 million in fresh capital on April 17, 2026, marking a notable vote of confidence after a choppy quarter for digital assets. The latest inflow represents roughly 2.18% of the fund’s $266.25 million in assets under management, a sizable single-day swing for a niche product.
The related asset, ETH-USD, is currently trading at $2,308.20 after a bruising three-month stretch that has seen the token slide about 25.9%. Despite that drawdown, short-term charts are flashing a constructive tone, with the one-day technical signal now registering as a firm Buy.
The sharp inflow into ETHT suggests some traders are leaning into the recent weakness in Ether, using leverage to position for a potential rebound if sentiment in risk assets stabilizes. With a meaningful chunk of AUM moving in a single day, flows indicate growing conviction that the worst of the pullback may be priced in, even as volatility remains elevated across the crypto complex.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.