Investors Tap the Brakes on Ether: Fidelity’s FETH ETF Sees $30M in One-Day Outflows

Ethereum ETF Sees Investors Hit the Brakes as Outflows Top $30 Million

The Fidelity Ethereum Fund ETF, FETH, logged a sizable single-day outflow of $30.9 million on January 22, 2026, as investors pulled back from Ether-linked products amid lingering weakness in the underlying token. The redemption accounted for roughly 1.41% of the ETF’s latest reported assets under management, which stand at about $2.18 billion, signaling a notable but not yet destabilizing bout of profit-taking or de-risking.

The related asset, ETH-USD, is currently trading at $2,956.45, down about 24.65% over the past three months, underscoring the persistent pressure on major altcoins after a volatile quarter for digital assets. Short-term momentum remains fragile, with the 1-day technical signal flashing Sell, a warning that recent price action has yet to convince traders that a durable bottom is in place.

While FETH’s outflow is modest relative to its overall size, the move fits a broader pattern of investors trimming exposure to higher-beta crypto plays as central bank policy uncertainty and risk-off sentiment ripple through digital markets. If Ether continues to struggle near current levels, ETF flows could remain choppy, with institutional allocators likely to demand clearer signs of technical stabilization before rebuilding positions.

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