ProShares Decline of the Retail Store ETF Price & Performance (EMTY)

Spot Bitcoin ETFs in the U.S. are experiencing significant outflows, with over $3 billion withdrawn in just over a week. Analysts attribute this to institutional investors unwinding basis trades. The trend mirrors prior bearish patterns, suggesting Bitcoin could face further corrections in the coming weeks.1

ProShares Online Retail ETF (ONLN) has been downgraded to a sell candidate due to weak long-term technical indicators. Although the ETF has shown short-term gains, resistance at $46.93 and other negative signals point to potential declines in the coming months, aligning with broader retail sector challenges.2

The market for leveraged ETFs remains turbulent as popular funds tied to tech stocks like Nvidia and MicroStrategy experience sharp declines. Despite losses exceeding 20% in some cases, investors are still buying dips. Experts warn of heightened risks, particularly for products targeting highly volatile equities.3