Ether bulls quietly flexed their muscles this week as ProShares Ultra Ether ETF, ETHT, recorded fresh inflows of $1,641,213 on April 21, 2026. The leveraged fund now oversees $262.8 million in assets under management, with the latest move representing roughly 0.62% of its AUM and signaling renewed risk appetite in a still-volatile crypto market.
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The related asset, ETH-USD, is currently trading at $2,317.30 after a bruising three months that left it down about 21%. Yet short-term sentiment is turning more constructive, with a 1-day technical signal flashing Buy, suggesting traders may be positioning for a tactical rebound rather than capitulating to the recent drawdown.
The combination of fresh capital flowing into ETHT and an improving near-term technical backdrop for Ether hints that speculative investors are willing to embrace leverage again. While the longer-term trend remains under pressure, the latest data underscore how quickly sentiment can shift in the digital-asset space as traders try to front-run the next leg of volatility. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.