Odaily News Market data shows that ETH has fallen nearly 51% from its January high, resulting in shorting ETH becoming a hot trading spot in 2025, such as:
1. The NYSE-listed ProShares 2x Ethereum Inverse ETF (ETHD) has risen 247% so far this year, making it the best performing ETF in the U.S. market at present;
2. T-REX 2X Inverse Ethereum Inverse ETF has a return rate of approximately 220% since the beginning of the year, making it the second best performing ETF in the US market.
Analysts believe that 2025 may be cruel for ETH bulls because leveraged shorts are crushing them. (News.bitcoin)