Ether Leverage Lures Fresh Cash as ETHT Adds $2.8 Million Despite Price Slump
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ProShares Ultra Ether ETF, ETHT, attracted $2.78 million in new money on April 28, 2026, marking a notable inflow for the leveraged ether vehicle. The move lifted assets under management to $256.39 million, with the latest flow representing about 1.08% of AUM, a sizeable single-day vote of confidence in a volatile market.
The related asset, ETH-USD, is currently trading at $2,339.87 after shedding roughly 15.9% over the past three months, underscoring the recent weakness in major altcoins. Yet the short-term picture looks brighter, with a 1-day technical signal flashing Strong Buy, hinting that traders see a potential rebound in the near term.
The combination of renewed inflows into ETHT and a bullish technical setup for ether suggests some investors are positioning for a sharp upside move rather than retreating from risk. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.