Investors Yank Nearly 40% of Assets from ProShares Ether ETF in One-Day Exodus

Investors Hit the Sell Button on Ether ETF as Outflows Wipe Nearly 40% of Fund

The ProShares Ether Strategy ETF, EETH, saw a sharp reversal in sentiment on January 20, 2026, as investors pulled $32.46 million from the fund. The latest outflow represents a striking 39.1% of its current assets under management, which now stand at roughly $83.0 million, underscoring just how quickly capital has retreated from one of the market’s higher-profile Ether-linked products.

The scale of the redemption suggests more than routine profit-taking. With almost two-fifths of AUM exiting in a single move, the flows hint at a decisive shift in risk appetite toward Ethereum exposure via futures-based structures, as investors reassess volatility and policy uncertainty in the digital asset space.

The related asset, ETH-USD, is currently trading around $3,010.80. Over the past three months, Ether has dropped approximately 21.8%, a drawdown that has likely amplified nervousness among ETF holders who had piled in during earlier strength. The short-term technical picture is equally unsupportive, with a 1-day signal flashing Strong Sell, reinforcing the narrative that momentum remains firmly to the downside.

While such concentrated outflows can sometimes mark capitulation and set the stage for a rebound, for now the data points to a market still in risk-off mode toward Ether-linked products. Investors will be watching closely to see whether this week’s heavy redemptions in EETH prove to be a one-off shock or the start of a more prolonged exodus from crypto-focused ETFs.

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