Ethereum Jitters: Bitwise ETH ETF Logs $11 Million Outflow as Traders Hit ‘Sell’

Ethereum Nerves Show as Bitwise ETF Sees Notable Outflow

The Bitwise Ethereum ETF, ticker ETHW, recorded a sizeable outflow of $11.23 million on January 8, 2026, trimming risk exposure as Ethereum prices remain under pressure. The redemption represents roughly 2.9% of the fund’s latest reported assets under management, which stand at $386.08 million, signaling a meaningful but not yet destabilizing vote of caution from investors.

The move suggests that some holders are locking in gains from earlier in the cycle or de-risking amid renewed volatility in the broader crypto complex. While the ETF’s AUM level remains robust, the scale of the single-day outflow hints at growing sensitivity to Ethereum’s inability to regain upward momentum in recent months.

The related asset, ETH-USD, is currently trading at $3,092.30, having shed about 18.18% over the past three months. That pullback reflects a cooling in speculative appetite after a strong prior run, as investors reassess the pace of on-chain activity and the macro backdrop for risk assets. The short-term tone is also cautious: the 1-day technical signal for ETH is flashing a decisive Sell, reinforcing the narrative that traders are still biased toward reducing exposure rather than buying the dip.

While a single session of outflows does not define a long-term trend, the combination of negative flows into ETHW and weak near-term technicals for Ethereum underscores a more defensive stance across crypto-focused portfolios. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.