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Traders Yank Cash From ProShares’ Bearish Ether Fund as ETH Slump Loses Its Bite

Traders Yank Cash From ProShares’ Bearish Ether Fund as ETH Slump Loses Its Bite

ProShares UltraShort Ether ETF’s ETHD logged a sharp outflow on February 13, 2026, with $5.62 million leaving the fund in a single session. The redemption, equal to roughly 6.4% of its $88.37 million in assets under management, underscores how quickly sentiment can turn in leveraged bearish plays tied to Ether.

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The related asset, ETH-USD, is currently trading at $2,015.10 after a bruising three-month slide of about 36.3%. Its 1-day technical signal flashes a cautious Strong Sell, suggesting traders are reassessing whether the downside has already been captured or if further weakness in Ether could still revive demand for short exposure.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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