Ethereum Jitters: VanEck’s ETHV ETF Loses Nearly 9% of Its Assets in a Single Trading Day

Ethereum Nerves Show as VanEck’s ETH ETF Sees Near-9% Outflow in a Day

The VanEck Ethereum ETF, ETHV, recorded significant redemptions on January 2, 2026, with investors pulling out $14.1 million in a single session. The outflow represents roughly 8.97% of the fund’s latest reported assets under management (AUM) of $157.27 million, underscoring renewed caution around Ethereum-linked products after a volatile quarter for the underlying token.

The size of the withdrawal relative to AUM suggests more than routine profit taking, pointing instead to a shift in positioning as traders reassess the risk-reward of Ethereum exposure. While ETH-focused ETFs have attracted substantial interest since launch, the latest move from ETHV hints at waning short-term conviction amid price weakness and macro uncertainty in digital assets.

The related asset, ETH-USD, is currently trading around $3,100.11. Over the past three months, Ethereum has dropped approximately 30.8%, a sharp retracement that has erased a large chunk of its earlier gains and likely triggered both risk controls and sentiment-driven selling. Despite this drawdown, the 1-day technical stance sits at a cautious midpoint, with a Hold signal indicating neither a clear bullish reversal nor decisive bearish breakdown in the immediate term.

For ETF investors, the combination of sizable fund outflows and a technically neutral short-term outlook on Ethereum highlights a market caught between fear of further downside and the temptation to buy at depressed levels. If ETH stabilizes or recovers from current prices, flows into vehicles like ETHV could reverse quickly; prolonged weakness, however, may lead to continued redemptions as allocators trim exposure to higher-beta crypto instruments.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.