The ProShares Ultra Ether ETF (ETHT) has attracted fresh inflows of $1.56 million on June 18, despite a choppy crypto market and a decline in ETH-USD by 19.3% over the past three months.
This influx represents approximately 0.91% of ETHT's assets under management (AUM), which now stand at $171.6 million.
The fund is designed to provide amplified returns on Ether, but its performance is closely tied to the underlying asset's volatility.