Ethereum News Today: U.S. Spot Ether ETFs See $465M Outflow as Price Drops 12%

U.S. spot Ether (ETH) exchange-traded funds (ETFs) experienced a record $465 million in net outflows on Monday, marking the largest single-day exodus since their launch, according to data from Farside Investors and SoSoValue. This came as the second consecutive day of outflows, following $152 million in withdrawals on Friday, breaking a 20-day inflow streak that had driven $5.43 billion in net inflows in July [1].

BlackRock’s iShares Ethereum Trust (ETHA) accounted for nearly $375 million of the outflows, the largest among all spot Ether ETFs. Despite the significant pullback, the ETF still holds $10.7 billion in net assets and $9.3 billion in cumulative net inflows. Fidelity’s Ethereum Fund (FETH) also saw substantial outflows of $55.11 million, while Grayscale’s Ethereum Mini Trust (ETH) and Ethereum Trust (ETHE) recorded outflows of $28 million and $6.9 million, respectively [1].

The exodus coincided with a 12% drop in Ether’s price over the weekend, as the token fell to $3,380 from $3,858. By Tuesday, however, Ether had recovered to $3,629, according to CoinGecko data. The price volatility reflects ongoing market uncertainty and shifts in investor sentiment following a period of strong performance [1].

While the outflows signal a potential cooling-off period for spot Ether ETFs, blockchain data indicates sustained institutional demand. On Tuesday, three wallets believed to belong to whales or institutional investors acquired 63,837 ETH—worth approximately $236 million—via over-the-counter deals with FalconX and Galaxy Digital. Since July 9, 14 new wallets have accumulated a combined 856,554 ETH, valued at over $3.1 billion, suggesting that long-term institutional interest in Ether remains robust [1].

The ETF market’s dynamic nature was further underscored by the significant impact BlackRock had on the Monday outflow. As a key player in the ETF space, its product’s performance influences broader market perceptions and capital movements. The large-scale withdrawal raises questions about the short-term stability of investor allocations, particularly as broader macroeconomic and regulatory uncertainties persist [1].

The record outflow does not signal a long-term bearish trend but rather a reaction to evolving market conditions and risk sentiment. The ETFs continue to serve as a major conduit for institutional and retail investors to access Ether, and their performance will likely remain closely watched as the sector navigates regulatory scrutiny and market fluctuations [1].

Source:

[1] Cointelegraph. (2025). Spot Ether ETFs Record $465M Daily Outflow. https://cointelegraph.com/news/spot-ether-etfs-record-465m-daily-outflow