Ethereum ETF Sees New Year Jitters as Outflows Hit $21.5 Million
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The iShares Ethereum Trust ETF, ETHA, started 2026 on a cautious note, recording net outflows of $21.5 million on January 2, 2026. The redemption represents roughly 0.21% of the fund’s latest assets under management, which stand at about $10.28 billion, suggesting investors are trimming exposure rather than staging a wholesale exit.
The move comes against a backdrop of persistent weakness in the underlying crypto asset. The related asset, ETH-USD, is currently trading around $3,142.82, having shed roughly 31.4% over the past three months. Despite that steep drawdown, short-term trading signals remain inconclusive, with a 1-day technical stance of Hold, reflecting a market caught between dip-buying interest and lingering macro and regulatory uncertainties.
The modest scale of the latest redemption relative to total AUM indicates that institutional and sophisticated investors using ETHA as a proxy for Ethereum exposure are adjusting risk rather than abandoning the theme. Nonetheless, continued price pressure in ETH-USD and a lack of a clear bullish catalyst may keep flows volatile in the near term as traders reassess their allocations to crypto-linked ETFs.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

