ETHU Sees $97.5M Inflow as Ethereum Price Surges

The 2x Ether ETF (ETHU) has attracted significant attention from investors after recording a net inflow of $97,511,604 on September 04, 2026. This influx represents one of its largest single-day allocations this year and brings the total assets under management to $1,215,004,720.

The related Ethereum-USD pair (ETH-USD) has seen a notable rally over the past three months, increasing by 49.78% in value. The current price is at $2,489.87, with short-term momentum firmly bullish, according to technical signals.

While this surge may signal renewed conviction in leveraged exposure to Ethereum, it also highlights the potential for amplified risk if volatility picks up. Traders appear to be using ETHU as a means to express directional bets rather than long-term allocation, consistent with prior crypto bull phases.