Ethereum Jitters: Fidelity’s Ether ETF Sees New Year Outflows as Token Slumps
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The Fidelity Ethereum Fund ETF, FETH, began 2026 on a cautious note, logging outflows of $2,217,368 on January 2, 2026. The redemption represents roughly 0.10% of its latest assets under management, which stand at about $2.20 billion, suggesting investors are trimming exposure rather than staging a wholesale exit.
The flow, modest in percentage terms, nonetheless underscores waning risk appetite after a volatile quarter for Ether-linked products. With more than $2.2 billion still parked in the vehicle, FETH remains a key institutional gateway to Ethereum, but the latest movement hints at nervous positioning as traders reassess digital-asset risk heading into the new year.
The related asset, ETH-USD, is currently trading around $3,222.36, down roughly 32.09% over the past three months. Despite that steep retreat, the 1-day technical signal sits at a cautious Hold, indicating neither a clear capitulation nor a decisive buy-the-dip impulse. This technical stalemate aligns with FETH’s relatively small but negative flow, pointing to a market that is reluctant to add risk but not yet ready to abandon Ethereum altogether.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.