Leverage lovers flocked back to 2x Ether ETF as the leveraged product absorbed fresh capital despite a deep drawdown in its underlying asset. The fund, trading under the ticker ETHU, recorded an inflow of $30.05 million on February 09, 2026, lifting assets under management to $868.33 million and moving roughly 3.46% of its AUM in a single session.
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The related asset, ETH-USD, is currently trading at $1,980.94 after shedding about 38.57% over the last three months, underscoring the volatility ETHU investors are embracing. Short-term sentiment remains bearish, with the token flashing a 1-day technical signal of Strong Sell, yet the sizeable inflow suggests traders are positioning for a potential rebound or exploiting downside leverage.
Such flows highlight how derivatives-based products can attract speculative capital even as the spot market struggles, with ETHU’s sizeable one-day intake hinting at renewed risk appetite among sophisticated crypto traders. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.