Ethereum Slump Deepens as Franklin’s EZET Fund Sees Fresh Outflows
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The Franklin Ethereum ETF, EZET, recorded net outflows of $805,550 on March 23, 2026, underscoring waning investor appetite for single-asset crypto exposure. The redemption represents roughly 1.85% of the fund’s $43.6 million in assets under management, a meaningful pullback for a relatively young vehicle tracking Ethereum’s price.
The related asset, ETH-USD, is currently trading at $2,039.38 after shedding about 26.9% over the past three months, highlighting the depth of the recent drawdown. Yet, in a sign that near-term sentiment may be stabilizing, the ETF’s underlying token is flashing a 1-day technical Buy signal, suggesting traders see scope for a tactical rebound even as longer-term holders remain cautious.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.