Ethereum ETFs Hit a Wall: $152M Outflow Snaps 20-Day Inflow Streak
- Keyword Financial
- 6 days ago
- 3 min read
Introduction
Ethereum spot exchange-traded funds (ETFs) in the U.S. recently ended their longest-ever streak of daily net inflows, which lasted 20 days and brought in nearly $5.4 billion. On August 1, the trend reversed with a significant $152 million outflow, the largest since January 8. This streak was notable not only for its duration but also for the scale of inflows, averaging about $270 million per day. The previous record was a 19-day streak in June, which saw $1.4 billion in inflows, highlighting the growing interest in Ethereum ETFs over recent months (CryptoSlate).
The outflow was attributed to broader macroeconomic factors, including recent statements from the Federal Open Market Committee (FOMC) and strong economic data, which may have prompted investors to take profits or rebalance their portfolios. BlackRock’s ETHA ETF played a major role in the recent inflow surge, accounting for $4.2 billion of the total and ranking as the third-largest ETF by inflows in July, behind only BlackRock’s Bitcoin ETF (IBIT) and the Vanguard S&P 500 ETF (VOO). As of August 1, ETHA had accumulated over $9.7 billion in total flows, underscoring its growing influence in the market.
Despite the recent outflow, the overall trend for Ethereum ETFs remains positive, with substantial capital still invested and ongoing interest from both institutional and retail investors. The surge in ETF inflows has been a key driver behind Ethereum’s recent price rally, and analysts believe that continued adoption of these products could further support ETH’s price in the future. However, the recent reversal serves as a reminder that ETF flows are sensitive to broader market conditions and investor sentiment, and can shift quickly in response to economic news or policy changes (BitcoinEthereumNews).
