Outflows Hit Ether Income Play: Investors Pull Cash from Roundhill’s YETH as Bearish Signals Mount

Investors Tap the Brakes on Ether Options Play as Outflows Hit Roundhill’s YETH ETF

The Roundhill Ether Covered Call Strategy ETF, YETH, saw a notable reversal of sentiment on January 16, 2026, as investors pulled $735,384 from the fund. With total assets under management now at $103.37 million, the single-day outflow represents roughly 0.71% of YETH’s asset base, signaling a cautious turn among traders who had previously embraced the income-focused ether options strategy.

The move comes against a challenging backdrop for the fund’s underlying asset. The related cryptocurrency, ETH-USD, is trading around $2,916.59, down nearly 23% over the past three months. The short-term picture looks equally strained, with the one-day technical outlook flashing a bearish Strong Sell signal, underscoring the pressure on ether prices.

Covered call ETFs like YETH are designed to monetize volatility by selling options on their underlying assets, generating income that can soften the blow of price drawdowns. However, when the underlying asset experiences prolonged weakness and technical indicators turn sharply negative, some investors may question the balance between yield and downside risk, prompting redemptions like those seen this week. The latest outflows suggest that, at least for now, a portion of the market is stepping back from leveraged and options-based ether exposure in favor of either more conservative strategies or sidelined cash.

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