Ethereum News Today: Ethereum ETFs Defy Price Weakness as Bitcoin Bleeds in November Exodus

Ethereum-based exchange-traded funds (ETFs) recorded a rare bright spot in the crypto market, drawing $175 million in combined inflows on November 24 and 25, 2025, as investors sought exposure to the second-largest cryptocurrency despite its price weakness according to reports. The surge was led by BlackRock's Ethereum Trust, which alone attracted $92.6 million on November 24, ending a two-week streak of outflows, while Fidelity's FETH ETF added $47.5 million the following day. These figures underscored institutional resilience in Ethereum, which traded near $2,913—a 30% decline from its July 2025 peak—amid broader macroeconomic headwinds including U.S. fiscal uncertainty and a risk-off global market according to analysis.

The inflows contrasted sharply with Bitcoin ETFs, which faced a historic outflow of $3.5 billion in November, on track to be the worst month in their two-year history. BlackRock's IBIT fund alone lost $2.2 billion, reflecting a flight to safety as Bitcoin slumped to $80,657, its lowest since April 2025 according to market data. Analysts attributed the exodus to a confluence of factors: a stronger U.S. dollar, tightening liquidity, and elevated inflation expectations clouding the timing of Federal Reserve rate cuts. The divergent ETF performance highlighted shifting investor sentiment, with Ethereum's ecosystem gaining traction as a more attractive risk-on play amid Bitcoin's struggles.

The momentum extended to other altcoin ETFs. Solana spot ETFs saw $58 million in net inflows on November 24, while XRP ETFs surged past $587 million in cumulative inflows since mid-November, outpacing Solana's month-long haul. Franklin Templeton's XRPZ fund, with a waived 0.19% fee for the first $5 billion in assets, became a key driver, attracting $164 million in a single day. This aggressive pricing strategy, coupled with Grayscale's fee waivers, positioned XRP as the leading altcoin ETF by capital absorption, drawing institutional capital at double the rate of Solana according to market reports.

Technical indicators for Ethereum remained mixed. While the RSI and MACD signaled short-term bearishness, on-chain data revealed increased whale activity, with dormant wallets reactivating to accumulate ETH at lower price levels according to on-chain analysis. Similarly, XRP's price action showed a breakout above $2.27, aided by ETF-driven demand that absorbed legacy supply. However, Bitcoin's technical outlook darkened further, with its price failing to reclaim the $30,000 psychological level and futures open interest declining to $3.96 billion, a sign of waning retail demand.

The ETF landscape continued to expand, with new products on XRP, Solana, and Dogecoin entering the market. Grayscale's XRP and Dogecoin ETFs debuted on the NYSE, while VanEck's proposed Binance Coin ETF signaled growing institutional access to top altcoins. These developments pointed to a maturing crypto ETF ecosystem, where Ethereum maintained its role as the primary altcoin vehicle despite Bitcoin's dominance.

As the year-end approached, market observers anticipated a potential inflection point. Ethereum's ETF inflows suggested a floor for institutional demand, while XRP's aggressive fee strategies hinted at a broader rotation into altcoins. However, macroeconomic uncertainties, including U.S. government shutdown risks and Fed policy ambiguity, remained critical overhangs. For now, the divergent ETF flows illustrated a market recalibrating its risk appetite, with Ethereum and altcoin ETFs emerging as bright spots in an otherwise challenging environment.