The falling price of ETH has led to a rise in Ethereum inverse ETFs in the market. The ProShares UltraShort Ether ETF (ETHD) currently ranks first among all ETFs in 2025 with a year-to-date gain of 247%. It is reported that ETHD is ETF provider ProShares' Ethereum-linked ETF, which targets an average daily ETH return of -2 times. It was listed on the New York Stock Exchange in June this year.