Ethereum’s chill deepened this week as Fidelity’s Fidelity Ethereum Fund ETF, FETH, absorbed a fresh $2.04 million outflow on February 17, 2026. The redemption is modest against its $1.35 billion in assets under management, touching just 0.15% of AUM, but it underscores how even flagship vehicles are feeling the strain of a bruising crypto downturn.
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The related asset, ETH-USD, is currently trading at $1,961.90 after a steep 35.20% slide over the past three months. Short-term sentiment remains fragile, with the 1-day technical signal flashing a bearish Strong Sell and many ETF investors opting to sit on the sidelines rather than add exposure into weakness.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.