Leveraged Ether ETF Sees Millions in Outflows as Traders Tap the Brakes on Crypto Leverage
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The 2x Ether ETF, ticker ETHU, recorded net outflows of $5.84 million on January 07, 2026, a notable pullback for the leveraged product. With assets under management now standing at roughly $1.88 billion, the latest redemption represents about 0.31% of the fund’s AUM — a modest but telling shift in positioning among speculative traders.
The fund’s design, offering twice the daily exposure to Ether price moves, makes it a favorite for short-term, high-conviction bets. The latest outflow suggests a degree of de-risking after a volatile quarter, as some investors appear to be locking in profits or cutting losses amid choppy crypto markets rather than doubling down on leverage.
The related asset, ETH-USD, is currently trading around $3,103.82, having shed approximately 29.45% over the past three months. Despite that drawdown, the 1-day technical signal stands at Hold, reflecting a market caught between bearish recent momentum and expectations for a potential medium-term stabilization or rebound.
For leveraged ETF investors, the combination of sizable recent price declines in Ether and a neutral short-term technical stance may be prompting a more cautious approach, with some choosing to step to the sidelines rather than magnify near-term volatility.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.