ProShares Ultra Ether ETF reported a fresh wave of inflows as the leveraged crypto vehicle drew $1.78 million on April 24, 2026, offering a counterpoint to recent weakness in the underlying asset. The latest move lifted assets under management at ETHT to $260.7 million, with the single-day flow representing roughly 0.68% of the fund’s total capital base.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The renewed demand comes despite a sharp three-month slide in its reference token, underscoring investors’ willingness to buy exposure on dips. The related asset, ETH-USD, is currently trading at $2,333.53, down about 21.1% over the past quarter, while flashing a short-term Buy signal on the one-day technical charts.
Such a divergence between recent price performance and fund flows suggests traders may be positioning for a rebound in Ether or using ETHT’s leverage for tactical bets. The inflows, though modest relative to overall AUM, hint at growing conviction that downside momentum could be easing, even as volatility remains a central feature of the crypto landscape.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.