Ether Bulls Blink as ProShares’ Leveraged ETHT ETF Sees Outflow Amid Price Slide
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ProShares Ultra Ether ETF, the leveraged crypto fund trading as ETHT, logged net outflows of $1,364,780 on February 13, 2026, as investors pulled capital following Ether’s latest downturn. The redemption accounts for roughly 0.8% of the fund’s $170.3 million in assets under management, a meaningful move for a product designed to amplify short-term price action.
The related asset, ETH-USD, is currently trading at $1,974.88 after shedding more than 35% over the past three months, underscoring the volatility that leveraged ETF holders face. Technicals remain downbeat, with the one-day signal flashing Strong Sell, a backdrop that likely encouraged traders to de-risk from ETHT rather than buy the dip.
The outflow suggests leveraged Ether exposure is falling out of favor, at least in the near term, as market participants reassess risk following a steep drawdown and weak momentum indicators. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.