Crypto
Ethereum Fund ETF Experiences $26M Outflow as Investors Take Profits
The Fidelity Ethereum Fund ETF (FETH) has experienced a significant outflow of $26.17 million on September 03, 2026, as investors trimmed their exposure to the fund after its underlying asset's strong run.
This represents about 2.03% of the fund's capital base and brings its assets under management down to roughly $1.29 billion.
The related Ethereum (ETH-USD) token has surged about 54.05% over the past three months, currently trading at $2,500.17.
Despite this near-term outflow, ETH's short-term momentum remains positive, with a 1-day technical signal flashing 'Strong Buy', indicating continued bullish sentiment beneath the surface.