Ethereum ETF Exodus: $186M Withdrawn Amid Early 2025 Headwinds

Ethereum Spot ETFs faced significant challenges last week, culminating in a considerable net outflow. This trend mirrored the broader Ethereum market's difficulties, as the leading altcoin's value decreased by 10% over the past week.

The tumultuous onset of 2025 has seen Ethereum Spot ETFs failing to regain their positive momentum. Last week, investor withdrawals outpaced deposits significantly. ETF tracking site SoSoValue noted a promising start, with $128.72 million in net inflows on January 6. Yet, gains were quickly overshadowed by three consecutive days of net losses totaling $314.61 million, resulting in a weekly net outflow of $185.89 million.

Fidelity’s FETH experienced the largest outflow, losing $276.13 million. Grayscale’s ETHE, ETH, and Bitwise’s ETHW saw smaller withdrawals of $16.12 million, $14.60 million, and $3.05 million, respectively. Notably, BlackRock’s ETHA defied the trend with a net inflow of $124.11 million, while VanEck’s ETHV, Invesco’s QETH, 21Shares’ CETH, and Franklin Templeton’s EZET reported no net activity.

As a result of the underperformance, total net assets of Ethereum Spot ETFs have diminished by 10.89% to $11.61 billion, accounting for 2.96% of Ethereum’s market cap. Despite these challenges, cumulative total net inflows for these funds stand at $2.45 billion. Grayscale’s ETHE leads the market with net assets of $4.57 billion, and BlackRock’s ETHA retains a strong position with $3.68 billion since these ETFs launched in July.

Meanwhile, data from CoinMarketCap reveals Ethereum's price dropped by 10.06% as crypto markets broadly contracted. This decline came with $1.4 billion in exchange outflows, as bullish investors seized opportunities to purchase the altcoin at reduced prices. Currently, Ethereum trades at $3,287, showing a modest 0.58% gain in the last 24 hours.

However, trading volume is down 55.98%, valued now at $11.75 billion. For ETH to gain traction, it must surpass immediate resistance at $3,350, potentially sparking a rally towards $3,700.

Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial or legal advice. Always conduct your own research or consult a professional when dealing with cryptocurrency assets.