Investors Tiptoe Back Into Ethereum as Fidelity’s FETH Draws Fresh Inflows

Ethereum ETF Sees Fresh Inflows as Traders Tiptoe Back Into Risk

The Fidelity Ethereum Fund ETF, FETH, attracted $5.89 million in net inflows on January 15, 2026, signaling renewed investor interest despite recent weakness in the underlying asset. The latest move represents roughly 0.24% of the fund’s $2.47 billion in assets under management (AUM), a modest but notable allocation shift in a cautious digital-asset market.

While the flow is small in percentage terms, it suggests that investors are selectively adding Ethereum exposure rather than capitulating after a choppy quarter. Incremental inflows of this size can be meaningful for liquidity and market confidence, particularly when broader sentiment toward risk assets remains fragile.

The related asset, ETH-USD, is currently trading around $3,296.49, down roughly 15% over the past three months as traders reassessed growth expectations for decentralized finance and broader blockchain adoption. Despite that drawdown, short-term momentum has turned more constructive, with a 1-day technical reading flashing Buy, hinting that near-term price action may be stabilizing or setting up for a rebound.

For ETF investors, the combination of recent price weakness in Ethereum and a short-term buy signal may be creating a perceived entry point, helping to explain the fresh inflows into FETH. If this pattern continues, the fund could become a barometer of how quickly institutional and retail capital is willing to rotate back into higher-beta crypto exposures.

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