Funds (ETFs) traded on two best-performing exchanges are exposed to twice the leveraged positions since the start of the year.
Bloomberg senior ETF analyst Eric Balknas shared on April 9 that ProShare-managed Ultrashort Ether ETF (ETHD) has registered its $14 million managed assets, surpassing 247% since the start of the year.
Rex shares the T-Rex 2x 2x Inverse Ether Daily Target ETF (ETQ) closely, with a performance of 219.2% over the same period, with a $1.57 million worth.
Balkuna said:
“The best performing ETF of the year is -2x Ether Etf $eTHD, an increase of 247%.
Ethereum price reversal fuel reverse performance
Although the funds are designed for short-term directional exposure, long-term drawdowns of ether created conditions in which daily combined effects amplify the benefits of leveraged maximising.
Although there are risks over a long period of time due to path dependence, these mechanisms support these funds in a sustained downward price environment.
According to Balchunas, this performance outperformed Uvix’s. This is a double leveraged Vix-related ETF that was expected to be the top of the leaderboard but is now expected to have a return of 171.7%.
The outperformance of ETHD and ETQ coincides with a rapid revision in Ethereum prices since the beginning of 2025.
As of April 9, ETH had fallen 50%, with an amendment that softened after President Donald Trump suspends for 90 days and then a country’s tariffs opened to negotiate with the United States. According to Artemis, during the same period, Crypto Market averaged 48.5% corrections data.
This performance comes in a year when volatility and macroeconomic uncertainty created unevenness across digital assets, with leveraged inverse products benefiting from directional bias across multiple sessions.
Ethereum’s weakness also diverges from the year-end revision of Bitcoin (BTC) 12.4%, suggesting more resilience among ETF inflows and institutional benefits.
Additionally, we have reached the BTC/ETH pair 0.1855 BTC history low April 9th will maintain the descending trend that began in September 2022.
