Short Ether Bets Swell as Traders Pile Into ProShares’ Leveraged Inverse ETF
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, recorded a sizable influx of capital on January 14, 2026, with fresh fund flows of $7,120,195. The move lifted the fund’s assets under management to $73,418,844, meaning the latest daily inflow amounted to roughly 9.7% of its total AUM — a significant vote of confidence in leveraged downside exposure to Ether.
Such a large single-day allocation into a short Ether vehicle suggests that a cohort of sophisticated traders is either hedging spot and long-derivatives exposure or speculating on further weakness in the world’s second-largest cryptocurrency. With nearly a tenth of the ETF’s asset base reshaped in one session, positioning dynamics around Ether are clearly in flux.
The related asset, ETH-USD, is currently trading at $3,306.90. Over the past three months, Ether has retreated about 15.4%, reflecting a choppy risk environment and bouts of profit-taking after earlier rallies. Yet near-term technicals are flashing a more constructive picture, with the 1-day signal tilting to Buy, hinting that tactical traders see scope for a short-term bounce even as others position for continued medium-term downside via ETHD.
This divergence — bearish flows into a leveraged inverse ETF alongside an improving short-term technical profile for the underlying asset — underscores the current uncertainty in digital-asset markets. Some investors are using the pullback to build contrarian long positions in Ether, while others appear intent on insuring against, or profiting from, further declines.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.