Short Ether Bets Ease as ProShares SETH Sees Heavy Outflows
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
ProShares Short Ether Strategy ETF, ticker SETH, recorded a sizeable $971,234 outflow on March 23, 2026, trimming bearish exposure to Ether. With assets under management now at $15.66 million, the latest redemption wave represents roughly 6.2% of the fund’s capital, signaling a notable shift in positioning among short-focused traders.
The related asset, ETH-USD, is currently trading at $2,187.78 after a punishing three-month slide of about 27.2%. Despite the drawdown, the 1-day technical signal stands at Hold, suggesting near-term indecision as some investors unwind bearish ETF exposure while spot prices search for a clearer direction.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.