Ether ETF Experiences Significant Outflows Amid Crypto Market Volatility

The recent outflow from the ProShares Ether Strategy ETF (EETH) has sparked concerns about investor sentiment towards the crypto market. On February 23, 2026, EETH recorded outflows of $1,715,448, which amounts to approximately 2.9% of its $59.3 million in assets under management.

This development comes as ether (ETH-USD) continues to struggle with persistent price pressure. Over the past three months, ETH-USD has declined by about 33.4%, and is currently trading at $1,825.29. Technical analysis suggests a bearish bias, with a strong sell signal reinforcing investor concerns.