Ethereum Spot ETFs See $251M Outflows, AUM Dips to $25.59B
Ethereum spot ETFs have recorded outflows for four straight days. Data shows that on Sept. 24, nine spot ETFs saw $75.95 million leave, led by Fidelity’s FETH ($33.12 M) and Bitwise’s ETHW ($22.30 M). The following day, Sept. 25, net outflows ballooned to $251 million, with FETH posting $158 M in withdrawals and Grayscale’s ETHE shedding $30.27 M. These outflows have driven total assets under management down to $25.59 billion, or 5.46% of ETH’s market capitalization. Since their launch, Ethereum spot ETFs have still attracted a cumulative $13.373 billion in net inflows.
Bearish
The consecutive outflows from Ethereum spot ETFs signal growing bearish sentiment and mounting sell pressure in the short term. Significant withdrawals led by major ETFs like FETH and ETHE have driven assets under management down, which may weigh on ETH prices as more holders liquidate positions. However, the sizeable cumulative net inflows of $13.373 billion since launch demonstrate underlying investor interest, suggesting that long-term confidence in ETF-based Ethereum exposure remains intact. Traders should watch for continued outflows as a potential catalyst for further near-term price declines, while also considering the broader trend of institutional adoption that could stabilize or reverse this trend over time.