Ether Bulls Tap the Brakes as ProShares’ Leveraged ETHT Sees Near 2% Outflow
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ProShares’ leveraged ether vehicle, ETHT, logged net outflows of $3.79 million on March 30, 2026, a notable pullback for the ProShares Ultra Ether ETF. With assets under management at $192.26 million, the latest redemption wave represents roughly 1.97% of the fund’s capital base, hinting at growing caution among short-term traders.
The related asset, ETH-USD, is currently trading at $2,042.90 after a bruising three-month slide of about 34.2%, underscoring the pressure on leveraged ether products. Technically, the token’s 1-day signal is flashing a bearish tone, with a current reading of Sell, which may be reinforcing de-risking in geared exposure like ETHT.
The combination of sustained price weakness in Ether and a short-term sell signal suggests that some traders are locking in losses or cutting leverage rather than betting on an imminent rebound. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.