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Leveraged Ether Bets Cool as 2x ETF Loses Over $18 Million in a Single Day

Leveraged Ether Bets Cool as 2x ETF Loses Over $18 Million in a Single Day

Leveraged Ether Bull Fund Sees Over $18M Walk Out as Traders Cut Risk

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The 2x Ether ETF, ETHU, recorded notable outflows of $18.15 million on January 08, 2026, as investors pulled capital from the leveraged product amid renewed volatility in the crypto market. The latest redemption represents roughly 1.07% of the fund’s $1.70 billion in assets under management (AUM), a meaningful shift for a vehicle designed to amplify moves in the price of Ether.

The related asset, ETH-USD, is currently trading at $3,135.06, having shed about 26.7% over the past three months. The short-term tone remains cautious, with its 1-day technical signal flashing Sell, underscoring ongoing downside pressure and likely contributing to investors dialing back exposure to high-octane, 2x leveraged strategies.

The combination of sharp recent losses in Ether and a bearish near-term technical backdrop appears to be nudging traders toward more defensive positioning, even in instruments that benefited from strong inflows earlier in the cycle. While outflows of just over 1% of AUM do not yet signal capitulation, they highlight growing sensitivity to drawdowns in the underlying crypto asset and the amplified impact such moves can have on leveraged products like ETHU.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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