Ether Bulls Get a Breather as ProShares’ Leveraged ETHT Fund Attracts Fresh Cash
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ProShares Ultra Ether ETF, ETHT, drew a fresh $1,004,766 in net inflows on March 27, 2026, offering a modest vote of confidence for a leveraged product in a bruised market. The move lifted assets under management to $201.67 million, with the latest flow equal to roughly 0.50% of AUM, a noticeable but not dominant shift in the fund’s capital base.
The related asset, ETH-USD, is currently trading at $1,996.56 after shedding about 32.26% over the past three months, underscoring how harsh the recent drawdown has been for Ethereum-linked products. Short-term momentum remains weak, with the 1-day technical signal flashing Sell, suggesting that traders are still cautious despite the fresh ETF inflows.
The contrast between renewed demand for ETHT and the negative technical backdrop for Ether hints that some investors may be positioning for a rebound or using the fund tactically for short-term exposure. With leveraged ETFs amplifying both gains and losses, the latest flows could signal growing risk appetite among sophisticated traders rather than a broad-based shift in sentiment.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.