Leveraged Ether Bets Cool as ProShares’ ETHT Logs Fresh Outflows

Ether Leverage Fund Sees Investors Tap the Brakes as Outflows Clip AUM

ProShares Ultra Ether ETF, ticker ETHT, recorded outflows of $1.06 million on March 12, 2026, a modest but notable reversal for the leveraged Ether vehicle. The move trimmed its assets under management to about $209 million, with the latest redemption representing roughly 0.51% of the fund’s capital base.

The related asset, ETH-USD, is currently trading at $2,267.78 after a bruising three months that saw the token shed about 29.23% of its value. Despite the drawdown, the short-term tone remains cautious rather than panicked, with a 1-day technical signal flashing Hold.

The scale of ETHT’s outflow suggests position trimming rather than a wholesale exodus, but it underscores how sensitive leveraged products are to volatility in the underlying coin. With Ether still under pressure and sentiment fragile, traders appear to be dialing back risk while keeping a foothold in the market, awaiting clearer directional cues.

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