Ether Bulls Blink as ProShares Ultra Ether ETF Sees Notable Outflow
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ProShares Ultra Ether ETF, trading under ticker ETHT, recorded a significant daily outflow of $8,514,576 on January 09, 2026, as leveraged crypto sentiment turned cautious. The withdrawal represents roughly 2.44% of the fund’s latest assets under management (AUM), which stand at $348.69 million, marking a meaningful vote of prudence from traders who typically use the vehicle for amplified exposure to 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 backdrop is similarly fragile, with the 1-day technical signal flashing Sell, underscoring growing unease around near‑term momentum.
The combination of a sharp three‑month drawdown in ether and a decisive sell signal appears to be prompting leveraged ETF investors to reduce risk, at least temporarily. Outflows of this magnitude from a geared product like ETHT often reflect fast‑money repositioning rather than a long‑term structural shift, but they can still amplify intraday volatility in both the fund and its underlying asset.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.