Ethereum Sentiment Sours as VanEck’s ETH ETF Sees Near-9% Asset Drain in a Day
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The VanEck Ethereum ETF, ETHV, recorded a sharp outflow of $14.1 million on January 2, 2026, a move that stripped roughly 8.97% from its assets under management in a single session. The fund now oversees $157.27 million in AUM, with the latest redemption wave underscoring growing investor caution toward Ethereum-linked products after a bruising quarter for the underlying token.
The related asset, ETH-USD, is currently trading at $3,142.82, having shed about 31.4% over the past three months. Despite that steep drawdown, the short-term technical backdrop is more neutral than outright bearish, with a 1-day signal of Hold. This suggests that, at least for now, traders are pausing rather than capitulating, even as ETF investors reduce exposure.
The sizeable outflow from ETHV may reflect profit-taking after prior gains, risk-off repositioning ahead of macro data, or mounting uncertainty around Ethereum’s roadmap and broader crypto regulation. With Ethereum prices under pressure and ETF flows turning negative, the fund’s recent move highlights how quickly sentiment can shift in listed products that offer easy access and fast exits.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.