Ethereum Jitters: Fidelity’s FETH Sees Outflow as Token’s Slide Deepens
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The Fidelity Ethereum Fund ETF, FETH, recorded net outflows of $2,217,368 on January 2, 2026, a modest but notable pullback that represents roughly 0.10% of its $2.20 billion in assets under management (AUM). While the move is small in proportional terms, it underscores growing investor unease around Ethereum’s recent price trajectory.
The related asset, ETH-USD, is currently trading at $3,169.13, having shed about 30.6% over the past three months. Despite the sharp drawdown, the short-term technical picture remains indecisive, with a 1-day signal of Hold, suggesting traders are hesitant to either capitulate or aggressively buy the dip.
The latest outflows from FETH appear less like a rush for the exits and more like tactical risk trimming after a sustained downturn in Ethereum prices. For longer-term holders, a 0.10% redemption against total AUM indicates that conviction in Ethereum exposure via FETH remains largely intact, even as volatility and macro uncertainty weigh on sentiment across digital asset markets.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

