Short Ether Bets Unwind as ProShares SETH Sees Nearly 8% of Assets Walk Out the Door
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The ProShares Short Ether Strategy ETF, SETH, recorded a substantial outflow of $847,960 on December 26, 2025, a move that shaved roughly 7.67% off its asset base in a single day. The fund now manages $11.06 million in assets under management (AUM), highlighting how quickly sentiment can shift in a vehicle designed to profit from declines in Ether’s price.
The related asset, ETH-USD, is currently trading at $3,046.80. Despite a sharp three-month slide of about 33.7%, Ether is flashing a short-term bullish signal, with its 1-day technical outlook rated as Buy. This combination—heavy losses over the quarter but improving near-term momentum—may be encouraging traders to close or scale back bearish positions in inverse products like SETH.
The latest outflow suggests that a segment of the market is questioning how much downside is left in Ether after its recent drawdown. As short-interest vehicles face redemptions, it can signal either profit-taking by those who correctly bet against the asset earlier, or a growing belief that the worst of the sell-off is behind it. If Ether’s nascent technical recovery holds, SETH could continue to see pressure on its AUM as investors rotate away from defensive, bearish strategies toward more directional or long-biased exposure.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.