Leveraged Ether Bets Return: ProShares’ ETHT Draws Fresh Inflows Despite Price Slump
Claim 50% 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
ProShares’ ProShares Ultra Ether ETF, ticker ETHT, attracted a robust $21.95 million in new money on January 26, 2026, even as its underlying asset remains under pressure. The latest inflow amounts to roughly 6.78% of the fund’s $323.52 million in assets under management (AUM), signaling renewed risk appetite among traders willing to lean into leverage on an already volatile cryptocurrency.
The move is notable given the recent backdrop for Ether. The related asset, ETH-USD, is currently trading around $2,719.08, having shed about 23.01% over the past three months. Short-term momentum remains weak, with the 1-day technical signal flashing a cautious Sell. That divergence—fresh inflows into ETHT versus negative price and technical trends—suggests investors may be positioning either for a contrarian rebound or using the ETF to tactically hedge and trade intraday volatility.
Because ETHT is a leveraged product, swings in Ether’s price are amplified, attracting speculative capital whenever traders sense that a turning point may be near. A single-day flow equal to nearly 7% of AUM underscores just how quickly sentiment can shift in the leverage-driven corner of the crypto ETF market, even without confirmation from the spot market’s technical indicators.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.