US Spot Ethereum ETFs Post Net Outflows for Three Straight Sessions

Doohyun Hwang

Summary

The US spot Ethereum ETF market has logged net outflows for three straight trading sessions, sharply weakening investor sentiment.
As of the 20th, US spot Ethereum ETFs recorded total net outflows of $41.97 million, bringing the three-session cumulative withdrawal to about $234.00 million.
Funds exited BlackRock’s ETHA, Fidelity’s FETH, and Grayscale’s ETHE, while the $5.47 million inflow into BlackRock’s ETHB failed to offset the overall outflows.

Forecast Trend Report by Period

Outflows from the US spot Ethereum exchange-traded fund (ETF) market are intensifying. Following bitcoin, spot Ethereum ETFs have also recorded net outflows for three consecutive trading sessions, signaling a sharp deterioration in investor sentiment.

According to data from SosoValue on the 20th (local time), US spot Ethereum ETFs saw total net outflows of $41.97 million on the day. This marks a third consecutive session, following outflows on the 18th (-$55.70 million) and the 19th (-$136.41 million). Over the period, cumulative funds withdrawn from the market reached about $234.00 million.

By asset manager, BlackRock’s ETHA posted net outflows of $31.45 million, while Fidelity’s FETH saw $12.18 million in net outflows. Grayscale’s ETHE also lost $2.26 million, leading the downtrend. In contrast, BlackRock’s ETHB took in $5.47 million, but that was not enough to offset the overall outflows. Other major ETFs, including Bitwise’s ETHW and VanEck’s ETHV, recorded no net inflows or outflows.

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