Leverage Lovers Are Back: Ether Bulls Pour Fresh Cash into T-Rex’s 2x ETF Despite Slump

Leverage Lovers Are Back: Ether Bulls Pour Fresh Cash into T-Rex 2X ETF Despite Slump

The T-Rex 2X Long Ether Daily Target ETF, ticker ETU, drew fresh inflows of $732,840 on January 22, 2026, as traders leaned back into leveraged exposure to Ether. The move, equal to about 3.60% of the fund’s latest reported assets under management of $20.34 million, marks a notable vote of confidence in a high-octane product at a time when the underlying crypto asset has been under sustained pressure.

The related asset, ETH-USD, is currently trading around $3,011.22, having shed roughly 26.16% over the past three months. Despite that drawdown, some market participants appear to be using ETU’s leveraged structure to position for a potential rebound, effectively treating recent weakness as a buying opportunity rather than a reason to de-risk.

From a short-term perspective, however, the technical backdrop remains fragile. Ether’s 1-day technical signal is flashing a cautious tone, with a current reading of Sell. That divergence between negative near-term signals and renewed inflows into a 2x long ETF underscores growing risk appetite among speculative traders, who are willing to look through current volatility in search of amplified upside.

With more than 3.6% of ETU’s capital base turning over in a single session, the latest flow highlights how quickly sentiment can swing in leveraged crypto products—often magnifying both conviction and risk. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.