Ethereum ETF endures fresh blow as outflows hit 2% of assets
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The Franklin Ethereum ETF, EZET, recorded net outflows of $805,550 on March 23, 2026, a move that shaved roughly 2.02% off its $39.9 million in assets under management. The withdrawal underscores mounting investor unease with Ethereum-linked products after a protracted price slump and volatile trading conditions in recent months.
The related asset, ETH-USD, is currently trading at $2,017.68, down about 33.19% over the past three months, reflecting sustained pressure across the broader crypto market. Its 1-day technical signal screens as a cautious Sell, suggesting short-term momentum remains tilted to the downside despite occasional intraday rallies.
For EZET, the latest redemption wave may signal that traders are opting to de-risk rather than ride out further Ethereum volatility, even as long-term advocates frame current levels as a potential accumulation zone. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.