Ether Jitters: Fidelity’s FETH ETF Sees Modest Outflows as Ethereum Slides but Short-Term Signals Turn Upbeat

Investors Tap the Brakes on Fidelity’s Ether ETF as Outflows Nip at AUM

The Fidelity Ethereum Fund ETF, FETH, saw net outflows of $4,633,452 on January 09, 2026, a modest but notable pullback for one of the flagship U.S. ether products. The redemption represents roughly 0.20% of the fund’s latest assets under management, which stand at about $2.30 billion, suggesting investors are trimming risk rather than staging a wholesale exit.

The related asset, ETH-USD, is currently trading around $3,111.12. Over the past three months, ether has slid about 25.50%, a drawdown that has pressured sentiment across the broader Ethereum ecosystem and its associated products. Yet short-term technicals are flashing a more constructive tone, with a 1-day signal of Buy, indicating that near-term momentum traders may see recent weakness as a potential entry point rather than a reason to capitulate.

The latest outflow from FETH likely reflects this tension between medium-term caution and short-term optimism. While the ETF’s sizeable AUM base appears intact, the recent redemptions hint that some investors are locking in gains or cutting exposure after a volatile quarter for ether prices. Still, the relatively small percentage of AUM affected suggests core holders remain committed, watching for confirmation that the nascent technical rebound in ETH-USD can translate into a more durable recovery in the underlying asset—and, by extension, in the ETF.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.