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Investors Buy the Dip: Fidelity’s Ethereum ETF Draws Fresh Cash Despite Price Slump

Investors Buy the Dip: Fidelity’s Ethereum ETF Draws Fresh Cash Despite Price Slump

Ethereum ETF Sees Fresh Inflows as Traders Tiptoe Back Into Risk

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The Fidelity Ethereum Fund ETF, FETH, attracted $21.83 million in new money on January 6, 2026, signaling renewed investor interest in ether exposure despite a bruising quarter for the underlying asset. The single-day inflow represents roughly 0.90% of the fund’s latest reported assets under management (AUM), which stand at about $2.43 billion, a meaningful move for a product tied to one of crypto’s more volatile majors.

The related asset, ETH-USD, is currently trading at $3,103.82, having shed about 29.45% over the past three months. That drawdown underscores the risk investors are willing to shoulder by adding to FETH at this stage, effectively using the ETF as a vehicle to buy into perceived weakness after a sharp correction. Despite the recent slide, the short-term picture remains indecisive, with the one-day technical reading flashing a cautious Hold signal rather than a clear bullish or bearish call.

The contrast between heavy price declines in ether and steady inflows into FETH suggests that some institutional and sophisticated retail investors may be positioning for a medium-term rebound, or at least seeking diversified, regulated access to the token’s potential upside. With nearly 1% of the ETF’s AUM turning over via new flows in a single day, allocations appear to be tilting gradually back toward higher-beta, growth-oriented digital assets, even as technical indicators warn that conviction remains fragile.

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

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