Ether Bulls Tap the Brakes as ProShares Ultra Ether ETF Sees Notable Outflows
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The ProShares Ultra Ether ETF, ETHT, recorded net outflows of $11.78 million on December 26, 2025, a meaningful pullback for a leveraged vehicle tied to Ethereum’s price. With assets under management now at approximately $313.24 million, the latest redemption wave represents about 3.76% of the fund’s AUM, signaling a bout of caution among traders who had previously embraced leveraged exposure to the world’s second-largest cryptocurrency.
The outflow comes after a volatile quarter for Ethereum itself. The related asset, ETH-USD, is currently trading around $2,973.21, having shed roughly 26.36% over the past three months. Despite that drawdown, short-term technicals remain indecisive, with a 1-day signal of Hold, underscoring the tug-of-war between dip buyers and traders trimming risk.
For ETHT holders, the latest flows suggest that leveraged exposure is being pared back as Ether struggles to regain sustained upside momentum. The sizeable redemption as a percentage of AUM highlights how quickly sentiment can shift in leveraged crypto products, where positioning often tracks short-term narratives rather than long-term fundamentals.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.