Ether Bulls Blink as ProShares Ultra Ether ETF Sees $5.8 Million Outflow
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ProShares Ultra Ether ETF, ticker ETHT, recorded a sizable outflow of $5,750,100 on January 15, 2026, as leveraged ether traders trimmed risk following a choppy start to the year. The redemption equals about 1.42% of the fund’s latest assets under management, which stand at $406.34 million, signaling a notable—though not yet decisive—vote of caution from investors.
The move comes as the related asset, ETH-USD, trades at $3,296.49, down roughly 15% over the past three months. Despite that medium-term drawdown, short-term signals are turning more constructive: the 1-day technical outlook on ether is currently flashing a Buy, suggesting that momentum-oriented traders may be looking for a near-term rebound.
ETHT’s latest flow pattern highlights the tension between tactical de-risking in leveraged crypto products and a still-resilient base of traders betting on ether’s longer-term upside. With more than $400 million remaining in AUM, the fund continues to serve as a barometer of sentiment around high-octane ether exposure, where small shifts in conviction can translate quickly into multi-million-dollar moves in and out of the product.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.