Ethereum Outflows Deepen as Grayscale’s Mini Trust Sheds Nearly $32 Million in a Day
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The Grayscale Ethereum Mini Trust (ETH) recorded net outflows of $31.99 million on January 2, 2026, a notable redemption that trimmed roughly 1.49% of its assets under management in a single session. The trust now oversees about $2.15 billion in AUM, underscoring that while investor confidence has softened, the vehicle remains one of the larger institutional gateways to Ethereum exposure.
The move comes against a backdrop of sustained weakness in the underlying token. The related asset, ETH-USD, is currently trading at $3,169.13, down about 30.6% over the past three months. The short-term picture, however, is less clear-cut: the one-day technical signal stands at Hold, suggesting neither strong bullish nor bearish momentum dominates the immediate outlook.
Taken together, the sizable withdrawal from ETH and the sharp three-month slide in Ethereum’s price indicate mounting caution among sophisticated investors, many of whom use Grayscale products as a proxy for broader sentiment in the digital asset space. Yet the neutral short-term technical stance hints that sellers may be losing some urgency, potentially setting the stage for a consolidation phase rather than a continued cascade lower.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.