Leverage Hangover? 2x Ether ETF Sees Over $18M Walk Out Amid ETH Slump
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The 2x Ether ETF, ticker ETHU, recorded significant outflows on January 8, 2026, with investors pulling $18.15 million from the leveraged fund. The withdrawal represents roughly 1.07% of its latest reported assets under management (AUM) of $1.70 billion, a notable single-day shift for a niche product tied to Ethereum price action.
The related asset, ETH-USD, is currently trading at $3,111.12, having fallen about 25.5% over the past three months. Despite the medium-term drawdown, short-term indicators are turning more constructive, with the 1-day technical signal flashing Buy. That divergence—near-term optimism against a backdrop of recent losses—may be prompting some leveraged ETF holders to lock in profits or reduce risk after a volatile quarter.
Given ETHU’s 2x exposure, swings in Ethereum’s price are magnified, making the fund particularly sensitive to shifts in trader sentiment and risk appetite. The latest outflows suggest a degree of caution among speculative participants, even as technical models hint at a possible short-term rebound in the underlying crypto asset. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.