Short Ether Bets Lose Steam as ProShares ETHD Sees Heavy Outflows
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ProShares UltraShort Ether ETF, ETHD, recorded outflows of $5.62 million on February 13, 2026, as traders pulled capital from the leveraged bearish vehicle. With assets under management standing at $88.37 million, the latest redemption wave represents roughly 6.36% of the fund’s total size and marks one of its more notable single-day retreats.
The related asset, ETH-USD, is currently trading at $2,073.26 after a sharp three-month slide of about 35.16%, suggesting that much of the downside may already be priced in. Despite that decline, the token’s 1-day technical signal remains a cautious Sell, hinting that short-term momentum has yet to convincingly turn in favor of the bulls.
The sizeable outflows from ETHD may indicate that some investors are locking in gains on earlier bearish wagers or dialing back risk as volatility cools. Others could be repositioning for a potential rebound in Ether after the extended drawdown, even as near-term technicals flash warning signs and crypto sentiment remains fragile.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.