Ether bulls quietly pressed their advantage this week as ProShares Ultra Ether ETF, ETHT, drew fresh capital despite bruising crypto prices. The leveraged product logged $3.25 million in net inflows on March 26, 2026, lifting its assets under management to $227.3 million and moving roughly 1.43% of its capital base in a single session.
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The renewed demand comes as the related asset, ETH-USD, trades at $1,997.99 after a steep 34.65% slide over the past three months. Yet near-term momentum appears to be turning, with a 1-day technical signal flashing Buy, suggesting that some investors see the recent drawdown as an opportunity rather than a warning.
Flows into ETHT underscore the risk-on appetite of traders seeking amplified exposure to any rebound in Ether, even as broader sentiment toward digital assets remains fragile. The scale of the latest inflow, relative to AUM, indicates a decisive bet that volatility will tilt to the upside in the near term, rewarding those willing to stomach leverage-driven swings.
Still, with Ether prices far below recent highs, ETHT holders are effectively wagering that macro headwinds and regulatory uncertainty will ease enough to revive demand across the crypto complex. Leveraged products can magnify both gains and losses, making position timing critical as investors balance tactical optimism against lingering market stress.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.