Leveraged Ether Bulls Pull Back as 2x Ether ETF Sees $18M in Outflows
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The 2x Ether ETF, ticker ETHU, recorded sizeable redemptions on January 08, 2026, with investors withdrawing $18.15 million in a single session. The move represents roughly 1.07% of the fund’s latest assets under management, which stand at about $1.70 billion, signaling a notable but not destabilizing shift in sentiment toward leveraged exposure to Ether.
The outflow comes against a backdrop of mounting pressure in the underlying asset. The related asset, ETH-USD, is currently trading around $3,100.97, having shed roughly 17.8% over the past three months. Short-term momentum remains fragile, with the 1-day technical signal flashing Sell, a factor likely contributing to investors trimming risk in a 2x leveraged product that amplifies Ether’s downside as much as its upside.
While a 1% daily outflow relative to AUM suggests tactical repositioning rather than a wholesale exit, it underscores how quickly leveraged crypto vehicles can swing with shifts in short-term technicals. If Ether’s recent weakness persists, products like ETHU may continue to see active, sentiment-driven flows as traders reassess how much leverage they are willing to carry into a volatile market.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.