Ethereum Investors Hit the Brakes as Bitwise ETF Sees Notable Outflows
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The Bitwise Ethereum ETF, ETHW, recorded a sizable single-day outflow of $11.23 million on January 08, 2026, pulling money out of the fund just as volatility in the underlying crypto market persists. The redemption represents roughly 2.87% of the ETF’s latest reported assets under management (AUM), which stand at $390.94 million, a meaningful move for a product still building its institutional base.
The related asset, ETH-USD, is currently trading at $3,088.48, having slipped about 28.19% over the past three months. Despite that sharp drawdown, short-term indicators remain cautious rather than outright bearish, with a 1-day technical stance of Hold. The combination of price weakness and a neutral signal suggests traders are waiting for clearer direction, even as some ETF holders opt to de-risk.
The latest outflows from ETHW underscore how quickly sentiment can swing in crypto-linked products: a relatively modest price consolidation in Ether has translated into tangible redemptions at the fund level, hinting that investors may be reassessing risk exposure after a bruising three-month stretch. Whether this proves to be a short-term shakeout or the start of a deeper rotation away from Ethereum-focused vehicles will likely depend on how ETH-USD behaves around current support levels.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.