Leveraged Ether Traders Hit the Brakes as 2x ETF Sees $7.25 Million Pullback

Leveraged Ether Bulls Step Back as 2x Ether ETF Sees Fresh Outflows

The 2x Ether ETF, ETHU, recorded net outflows of $7.25 million on January 16, 2026, a notable but not destabilizing move that represents roughly 0.38% of its latest reported assets under management (AUM) of about $1.89 billion. While the percentage suggests only a modest tilt in positioning, the absolute size of the withdrawal underscores a degree of unease among leveraged traders after a choppy quarter for Ether.

The related asset, ETH-USD, is currently trading at $3,323.54. Over the past three months, Ether has dropped about 15.16%, a pullback that has pressured leveraged long products like ETHU and likely prompted some investors to lock in remaining gains or reduce risk exposure. Interestingly, despite the recent declines, the 1-day technical outlook for Ether screens as a short-term opportunity, with the signal flashing Buy.

The combination of outflows from ETHU and a near-term bullish technical read on Ether points to a divergence between tactical trading signals and investor sentiment toward leveraged risk. Some market participants appear to be de-risking from high-octane ETF exposure even as momentum indicators suggest that Ether may be poised for a rebound, potentially setting the stage for renewed inflows if price action stabilizes or turns higher.

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