ProShares Ultra Ether ETF’s ETHT drew fresh capital on February 18, 2026, with $2.94 million in net inflows, even as crypto markets remain under pressure. The move lifted the leveraged Ether fund’s assets under management to $184.7 million, with the latest flow representing roughly 1.6% of AUM and signaling renewed risk appetite among tactical traders.
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The related asset, ETH-USD, is currently trading at $1,975.21 after a bruising three months that left it down just over 30%. Short-term momentum remains weak, with a one-day technical reading flashing a cautious Sell, suggesting ETHT buyers may be positioning for a rebound rather than following an established uptrend.
The contrast between negative spot performance and positive ETF flows underlines how leveraged products can attract contrarian capital during drawdowns. For now, the inflow is modest relative to overall size, but if the pattern persists it could amplify Ether’s next decisive move, whether relief rally or further capitulation. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.