Leveraged Ether Bulls Hit the Brakes as Outflows Grip T-Rex’s 2X ETF

Leveraged Ether Bulls Hit the Brakes as Outflows Grip T-Rex 2X Long ETF

The T-Rex 2X Long Ether Daily Target ETF, ticker ETU, saw investors pull $871,278 on December 24, 2025, a sizable outflow that amounts to about 4.17% of its latest assets under management (AUM) of $20.9 million. The move underscores growing caution around leveraged exposure to Ether after a sharp downturn in the underlying token.

The related asset, ETH-USD, is currently trading at $2,982.22, having shed roughly 28.8% over the past three months. Despite that steep slide, its 1-day technical signal sits at Hold, suggesting that near-term momentum is neither decisively bullish nor bearish and that traders may be pausing rather than capitulating.

For ETU, the latest redemption wave is notable given its mandate: to deliver twice the daily performance of Ether, amplifying both gains and losses. In a market where Ether has been grinding lower, the leverage effect can accelerate drawdowns, prompting fast money and risk-sensitive investors to trim exposure. The roughly 4% dent in AUM in a single session hints at a tactical risk-off move rather than a wholesale exodus, but it does illustrate how quickly capital can shift in leveraged crypto products when volatility turns against the trade.

Still, the underlying Hold signal on Ether points to a market searching for direction rather than in free fall. If Ether stabilizes or stages a rebound, products like ETU could see inflows snap back as traders re-engage with leveraged plays. For now, however, capital is edging to the sidelines, reflecting a more defensive stance among speculative Ether bulls.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.