Ethereum News Today: Ethereum ETFs Face Record $465M Outflow as Bull Run Pauses

Spot Ethereum ETFs experienced a record outflow of approximately $465 million on August 2, marking the largest single-day redemptions since the products launched in July 2024 [1]. This figure surpassed all previous outflows and came just days after a 20-day streak of inflows that pushed total Ethereum ETF inflows past $9.02 billion [2]. BlackRock’s iShares ETH Trust ETF (ETHA) bore the brunt of the outflow, losing around $375 million, while Fidelity’s FETH lost $55.1 million and Grayscale’s ETH and ETHE Trust saw outflows of $28 million and $7 million, respectively [3].

The sudden reversal follows a period of robust performance, with Ethereum ETFs drawing significant investor interest and contributing to a 50% price increase in Ethereum during July [4]. BlackRock’s ETHA alone had attracted $4.2 billion in inflows during the month, making it one of the top-performing ETFs across all asset classes [5]. Fidelity’s and Grayscale’s funds also delivered strong returns, with some reporting gains of nearly 48% during the same period [6].

Despite the recent outflows, Ethereum’s price remained relatively resilient, rising 2.2% in the last 24 hours to trade at around $3,630 per coin. Over the past 30 days, the asset has gained nearly 44% in value [7]. However, the outflows signal a potential shift in investor sentiment, with some redeeming positions to lock in profits amid broader market volatility and uncertainty.

The Ethereum outflow also coincided with significant redemptions in the Bitcoin ETF space, with $333 million leaving the sector on the same day [8]. BlackRock’s IBIT led the Bitcoin ETF outflows with $292 million in redemptions, while Bitwise’s BITB saw the only positive flow with $18.74 million in net inflows [9].

Mike Novogratz, CEO of Galaxy, has previously predicted that Ethereum could outperform Bitcoin in the coming three to six months, citing factors such as corporate adoption and increased investor interest in Ethereum ETFs [10]. He has suggested that Ethereum could reach the $4,000 level multiple times this year, though the recent outflow may indicate a temporary pause in the upward trend.

The record outflows highlight the growing influence of ETF flows on Ethereum’s price action, with large-scale redemptions now having a measurable impact on market dynamics [11]. While the Ethereum ETF market remains a key indicator of institutional-grade exposure to the cryptocurrency, the recent shift in flows underscores the importance of monitoring both inflow trends and broader market sentiment.

Source:

[1] AInvest (https://www.ainvest.com/news/ethereum-news-today-ethereum-etfs-face-record-465m-outflow-july-bull-run-pauses-2508/)

[2] Bitcoin (https://en.bitcoinsistemi.com/us-based-spot-ethereum-etfs-experience-their-biggest-outflow-since-launch-here-are-the-details/)

[3] CCN.com (https://www.ccn.com/news/crypto/bitcoin-ethereum-etf-800m-outflows/)

[4] BeInCrypto (https://beincrypto.com/crypto-etf-exodus-q2-rally-over/)

[5] Finbold (https://finbold.com/blackrock-just-dumped-over-600-million-of-these-two-cryptocurrencies/)

[6] AInvest (https://www.ainvest.com/news/ethereum-news-today-blackrock-ethereum-etf-sees-record-375m-outflow-investor-profit-2508/)

[7] FXStreet (https://www.fxstreet.com/cryptocurrencies/news/crypto-today-xrp-holds-key-support-bitcoin-ethereum-hit-by-rising-spot-etf-outflows-202508051241)

[8] CryptoDnes.bg (https://cryptodnes.bg/en/u-s-spot-ethereum-etfs-see-record-465m-daily-outflows-as-bullish-streak-pauses/)

[9] StartupNews.fyi (https://startupnews.fyi/2025/08/05/spot-ether-etfs-see-record-465m-daily-outflow/)

[10] Binance (https://www.binance.com/square/post/27901556708290)