Fidelity’s Ether bet is feeling the chill as the Fidelity Ethereum Fund ETF, FETH, logged $43.5 million in outflows on February 13, 2026. The redemption wave trimmed its assets under management to roughly $1.26 billion, meaning about 3.45% of the fund’s capital walked out the door in a single session.
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The related asset, ETH-USD, is currently trading at $2,073.26 after a bruising three-month slide of about 35.16%. Short-term sentiment is equally downbeat, with a 1-day technical signal flashing Sell, underscoring how tactical traders are leaning against any near-term rebound.
The scale of the outflow suggests institutional and sophisticated investors are reassessing their Ethereum exposure after the latest leg lower in prices. While the fund still commands a sizable asset base, the pace of redemptions will be closely watched as a gauge of confidence in Ether’s medium-term prospects and in the broader crypto ETF experiment.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.