Short Ether Bets Build as ProShares’ UltraShort ETF Sees Fresh Inflows
Claim 50% 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 UltraShort Ether ETF, ETHD, attracted $1,114,590 in new money on January 15, 2026, a notable vote of confidence in bearish Ether positioning. The leveraged inverse fund now manages $70.21 million in assets under management (AUM), with the latest flow representing roughly 1.59% of its total size.
The scale of the intake, relative to AUM, signals that investors are increasingly using the ETF as a tactical vehicle to hedge or profit from further downside in Ether. Such flows often intensify when volatility picks up or when traders expect further weakness after an extended drawdown.
The related asset, ETH-USD, is currently trading around $3,089.84, down about 19.4% over the past three months, underscoring the recent pressure in the broader crypto market. Short-term sentiment remains cautious, with the 1-day technical outlook flashing a Sell signal, mirroring the defensive tone implied by the inflows into ETHD.
While leveraged inverse products like ETHD are typically used for short-term strategies rather than long-term holdings, the latest move suggests that a growing cohort of traders is positioning for continued turbulence in Ether prices, or at least seeking protection against further declines in the near term.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

