Published & Updated: January 28, 2026 | Tapbit ETF Flows & Ethereum Analysis Desk
United States spot Ether exchange-traded funds reversed course on Monday, January 27, 2026, attracting $117 million in net inflows and ending a four-day outflow streak that had totaled more than $200 million the previous week. The turnaround comes as Ethereum (ETH) trades at approximately $2,922 after a 9.8% weekly decline — underperforming Bitcoin during the broader market correction. The inflows, led by Fidelity’s FETH product with $137 million signal renewed institutional interest despite ongoing macro caution and risk-off sentiment. This article provides a detailed breakdown of the ETF flow data, Ethereum’s recent price action relative to Bitcoin, underlying correction drivers, technical levels to watch, and actionable trading strategies on Tapbit for positioning around potential recovery momentum in late January 2026.
Spot Ether ETF Flows – Monday, January 27, 2026 Breakdown
| ETF Ticker | Issuer | Net Inflow (Jan 27) | Notes / Context |
|---|---|---|---|
| FETH | Fidelity | +$137 million | Largest single-day inflow in weeks |
| ETHA | BlackRock | -$20 million | Minor offset; still net positive overall |
| Other Funds | Various | Net +$0–$5M | Scattered small inflows/outflows |
| Total Spot Ether ETFs | — | +$117 million | Snaps four-day outflow streak |
The $117 million inflow marks the first positive net day since January 22, reversing a streak that had seen cumulative outflows exceed $200 million over the prior four sessions. Fidelity’s FETH product accounted for the lion’s share, reflecting strong institutional conviction despite the recent price weakness.
Ethereum Price Action – 9.8% Weekly Decline to $2,922
Ethereum has underperformed Bitcoin during the January 2026 correction:
- Weekly change: -9.8% (from ~$3,240 to $2,922)
- Bitcoin weekly change: -4.2% (from ~$92,200 to $88,300)
- ETH/BTC ratio: Fell from 0.0351 → 0.0331 (near multi-month lows)
- Key support held: $2,800–$2,850 zone (prior swing low + 200-day EMA proxy)
- Next resistance: $3,000–$3,050 (psychological + 50-day EMA cluster)
The larger drawdown reflects altcoin beta in risk-off environments, rotation into safer assets (gold near $2,680), and selective institutional flows favoring Bitcoin over Ether during uncertainty.
Broader Market Correction Context – Why ETH Underperformed
Several overlapping factors contributed to the pullback:
- Bitcoin ETF outflows: Cumulative $1.3B weekly redemptions added consistent selling pressure on BTC, dragging ETH lower via correlation
- Macro caution: Renewed US–NATO Greenland rhetoric, tariff threats, and Fed path uncertainty triggered risk-off flows
- Altcoin rotation pause: Capital rotated selectively into infrastructure (e.g., River +15%, Algorand +4%) while major alts like ETH consolidated
- Stablecoin contraction: $2.24B decline signals reduced on-chain liquidity and yield-seeking capital
Monday’s ETF inflow reversal provides the first meaningful counter-signal since the correction deepened, suggesting potential stabilization if institutional buying persists.
Trading Strategies & Positioning on Tapbit
- Create your Tapbit account (0% maker fees)
- Deposit USDT or fiat via bank transfer
- Spot DCA entries: Accumulate ETH/USDT on pullbacks to $2,850–$2,900 (strong support cluster)
- Futures momentum play: Long ETH/USDT perpetuals on reclaim of $3,000 (20–50x leverage, isolated margin)
- Relative value hedge: Long ETH/USDT vs short BTC/USDT if ETH/BTC ratio shows reversal signs
- Risk control: Max 1–2% account risk per trade; trailing stops below recent lows
Conclusion & Near-Term Outlook
Monday’s $117 million inflow into US spot Ether ETFs — ending a four-day outflow streak — provides the first clear counter-signal during Ethereum’s 9.8% weekly correction to $2,922. While ETH continues to underperform Bitcoin amid risk-off sentiment, selective institutional buying (led by Fidelity FETH) and strong support at $2,800–$2,850 suggest the correction may be maturing. The reversal aligns with broader themes: tactical profit-taking after late-2025 highs, macro caution (tariff threats, Fed path), and rotation into perceived safer assets (gold). Tapbit offers traders the cleanest execution to position around potential stabilization or recovery: 0% spot trading fees on ETH/USDT spot, deep liquidity, and up to 125x leverage on perpetuals. Watch ETF flow follow-through and ETH/BTC ratio behavior above 0.0335 for confirmation of the next leg higher — the institutional bid floor appears to be forming.
Trade Ethereum recovery & ETF momentum on Tapbit:
- Sign Up on Tapbit (0% spot trading fees)
- Login & Deposit
- Live ETH/USDT Spot & Perpetual Charts
Disclaimer: Cryptocurrency trading involves significant risk of loss. Prices are highly volatile and can change rapidly. ETF flows are estimates and subject to revision. This article is for informational purposes only and does not constitute investment advice. Always conduct your own research (DYOR) and never invest more than you can afford to lose completely.
