Ethereum jitters spilled into the ETF market on December 24, 2025, as the Franklin Ethereum ETF, EZET, recorded outflows of $5.61 million. The redemption, equal to roughly 9.4% of the fund’s $59.6 million in assets under management, marks a sharp vote of caution from investors heading into year-end.
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The scale of the move is notable for a single day, effectively shrinking the ETF’s capital base by nearly a tenth and underscoring how sensitive Ethereum-linked products remain to swings in sentiment. Such a concentrated pullback can amplify tracking and liquidity considerations for remaining holders, particularly in a market where crypto price action has turned volatile and trendless after earlier gains.
The related asset, ETH-USD, is currently trading around $3,046.80, down about 33.7% over the past three months. Despite that steep drawdown, short-term signals are flashing more constructive: the 1-day technical outlook screens as a Buy, suggesting that bargain hunters and tactical traders may see the recent weakness as an entry point rather than a reason to exit.
The tension between heavy ETF outflows and improving near-term technicals on Ethereum highlights a broader split in the market: longer-term and risk-averse investors appear to be de-risking, while shorter-term participants look for a potential bounce after a bruising quarter. How that standoff resolves could determine whether products like EZET rebuild assets in early 2026 or face further structural pressure.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.