Ether Leverage Trade Heats Up as ProShares Ultra Ether ETF Sees Fresh Inflows Despite Price Slump
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 Ultra Ether ETF, ETHT, attracted $7.85 million in fresh capital on January 5, 2026, signaling renewed risk appetite among crypto-focused investors. The latest inflow represents roughly 2.15% of the fund’s $364.63 million in assets under management, a meaningful one-day boost for a leveraged product tied to a volatile underlying asset.
The related asset, ETH-USD, is currently trading at $3,196.44, having shed about 26.6% over the past three months as speculative excess has drained out of parts of the digital asset complex. Despite that extended drawdown, the short-term technical picture looks more balanced, with a 1-day signal of Hold, suggesting neither clear bullish nor bearish momentum in the immediate term.
The contrast between waning medium-term price performance and fresh inflows into ETHT underscores how investors are using leveraged ETFs as tactical tools rather than long-term buy-and-hold vehicles. Some traders appear to be positioning for a rebound in Ether after a rough quarter, while others may be using the fund to hedge derivative exposure or express short-term directional views with amplified sensitivity. With more than 2% of AUM turning over in a single day, ETHT’s latest flow highlights the continued appeal—and risk—of leverage in a maturing but still highly speculative crypto market.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.