Leveraged Crypto ETFs Absorb Millions Despite Three-Month Price Slumps
Shares of the ProShares Ultra Bitcoin ETF (BITU) and the 2x Ether ETF (ETHU) absorbed millions in new capital on April 14, 2026, despite a three-month price slump in the underlying assets. BITU drew $1,350,870 in fresh capital, bringing its assets under management to $440.25 million. ETHU recorded inflows of $7,506,969, lifting its assets under management to $1,004,328,131. These inflows occurred while Bitcoin traded at $74,659.43, down 21.52% over the prior three months, and Ether traded at $2,319.06, down 28.13% over the same period. Both funds are designed to deliver double the daily return of the assets they track.
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