Short Ether bets are drawing fresh attention as ProShares’ ProShares UltraShort Ether ETF, ETHD, recorded $1,926,172 in net inflows on May 07, 2026. The move lifts its assets under management to $79,323,961, with the latest flow equal to roughly 2.43% of the fund’s capital base, a notable allocation shift for a leveraged bearish product.
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The related asset, ETH-USD, is currently trading at $2,327.88 after gaining about 12.75% over the past three months. Despite that medium-term advance, its one-day technical signal is flashing a cautious Sell, suggesting some traders are bracing for a pullback even as Ether’s broader uptrend remains intact.
The sizable inflow into ETHD underscores growing demand for downside protection or speculative short exposure as Ether hovers near recent highs. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

