Ethereum Outflows Put Franklin’s EZET Under the Microscope as Crypto Slump Deepens
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The Franklin Ethereum ETF, EZET, recorded net outflows of $805,550 on March 23, 2026, trimming exposure as investors reassessed risk in the digital-asset space. With assets under management now at roughly $42.6 million, the latest redemption represents about 1.9% of the fund’s AUM, a meaningful one-day pullback for a single-asset crypto strategy.
The related asset, ETH-USD, is currently trading at $2,078.44 after a steep 26.51% slide over the past three months, underscoring the volatility that continues to test long-term holders. Despite the drawdown, short-term sentiment remains cautious rather than capitulatory, with the one-day technical outlook flashing a muted Hold signal.
The size of the outflow suggests some investors are using recent price weakness to de-risk rather than double down on Ethereum exposure, even as others see potential value at these levels. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.