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Spot Ethereum ETFs log $465 million in largest daily outflow as analysts cite short-term profit-taking

Spot Ethereum ETFs log $465 million in largest daily outflow as analysts cite short-term profit-taking

The BlockThe Block2025/08/04 16:00
By:By Timmy Shen

Quick Take Spot Ethereum ETFs in the U.S. saw $465.1 million in net outflows on Monday, marking the largest single-day outflows since their launch. Analysts said the move might signal short-term profit-taking and does not necessarily reflect declining institutional interest.

Spot Ethereum ETFs log $465 million in largest daily outflow as analysts cite short-term profit-taking image 0

U.S. spot Ethereum exchange-traded funds experienced $465.1 million in net outflows on Monday, marking the largest single-day outflows since their launch. 

The Monday outflows followed a period of record weekly inflows for these spot ether ETFs over recent weeks, with inflows of $2.2 billion in the second week of July, $1.9 billion in the third week, and $154.3 million last week, according to SoSoValue data .

BlackRock's ETHA led Monday's outflows with $375 million exiting the fund. Fidelity's FETH, Grayscale's ETHE, and the Grayscale Ethereum Mini Trust also saw outflows.

"While this could signal short-term profit-taking after ETH's recent rally, it doesn't necessarily reflect declining institutional demand, especially given the sector's record $5.4 billion inflows in July and corporate accumulation of ETH," said Nick Ruck, director of LVRG Research.

Vincent Liu, CIO of Kronos Research, shared similar views. "This move reflects short-term profit-taking and risk-off rotation, not a long-term rejection of ETH exposure," said Liu.

Ethereum rose 4.1% in the past 24 hours to trade at $3,675 at the time of writing, recovering from a weekend dip, according to The Block's price page .

Peter Chung, head of research at Presto Research, suggested that the $465 million outflow might have occurred on Friday when weak payroll data triggered a risk market selloff, as ETF flow data can have a one- or two-day lag.

"[Given] the market rebounded strongly last night, you will probably see a reversal of this figure tomorrow. No need to read too much into these daily fluctuations," Chung added. 

Meanwhile, spot bitcoin ETFs recorded $333.2 million in net outflows on Monday, compared to outflows of $812.3 million on Friday.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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