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Leverage on Edge: 2x Ether ETF Sees Fresh Inflows Despite Ether Slump
The 2x Ether ETF (ETHU) recently attracted $4.89 million in net inflows on April 23, 2026, despite a significant slump in Ether’s price, which has fallen by 21.4% over the last three months. These inflows, representing 0.43% of the ETF’s $1.15 billion AUM, suggest that some investors are positioning for a potential rebound in Ether. This indicates a willingness among short-term traders to embrace the inherent volatility of leveraged crypto products.