Alarming $1B Drain Hits Spot ETH ETFs in 6-Day Streak – Is a Deeper Crash Imminent?

Spot Ether exchange-traded funds (ETFs) are facing their sharpest pullback yet, with more than $1.04 billion in net outflows recorded across six consecutive trading days, according to data from ￰2￱ sustained withdrawals mark a sharp reversal for Ethereum products, which dominated flows in recent months, and raise questions about whether the trend could indicate a deeper ￰3￱ ETFs Drop to $27.39B as Outflows Accelerate According to data from Sosovalue, Ether ETFs shed $96.7 million on Monday, led by BlackRock’s flagship ETHA fund, which saw $192.7 million in withdrawals.), Grayscale’s ETHE ($9.5 million), and its lower-fee Mini Trust ($11 million).

Despite those cushions, total assets under management fell to $27.39 billion, representing 5.28% of Ether’s market ￰4￱ trading volume across Ethereum ETFs reached $1.52 ￰5￱ latest withdrawals extend a week-long streak that began with a $446.7 million single-day outflow on Friday and bottomed at $38.2 million on Wednesday. Together, they wiped over $1 billion from Ethereum ETFs in less than two weeks, a dramatic shift from the bullish momentum seen in ￰6￱ contrast, Bitcoin ETFs continue to attract ￰7￱ ta shows that spot Bitcoin ETFs recorded $368.2 million in net inflows on September 8, led by Fidelity’s FBTC with $156.5 million, bringing its total inflows to $11.93 billion.) August 29, 2025 Over July and August combined, Ethereum products attracted $9.5 billion, compared with $5.4 billion for Bitcoin.

Ethereum’s summer surge coincided with ETH reclaiming a 13.8% year-to-date lead over Bitcoin by late July, alongside inflows of $7.1 billion since ￰8￱ their peak, Ethereum products even set a record monthly intake of $5.4 billion in July. Bitcoin, however, retained its lead in cumulative inflows with $54.6 billion since launch, compared with Ethereum’s $13.7 ￰9￱ tide turned at the end of ￰10￱ August 29, Ethereum ETFs logged $164.6 million in outflows , breaking a five-day streak of inflows that added $1.5 ￰11￱ trend worsened in September, with BlackRock’s ETHA bearing the brunt of redemptions, including $151.9 million on September 4. Fidelity’s FETH and Grayscale’s Mini Trust managed smaller inflows of $65.8 million and $62.5 million that day, but the losses outweighed the ￰12￱ ETFs have historically struggled in ￰13￱ 2024, they recorded $46.5 million in net outflows for the month, while Bitcoin ETFs drew $1.26 ￰14￱ suggest the current slump may be part of that recurring seasonal weakness.

Still, cumulative inflows into Ethereum products remain positive at $13.34 billion, nearly all of which is concentrated in BlackRock’s ￰15￱ (ETH) entered September trading at $4,302, down from an August peak of $4,953 that was bolstered by corporate treasury allocations totaling $119.6 ￰16￱ Slides as Traders Weigh Breakout Potential, Revenue Concerns, and Institutional Moves Ethereum slipped 1.9% in the past 24 hours to $4,290.81, extending a 3.8% decline over the past two ￰17￱ the pullback, traders see signs of ￰18￱ Iko noted on X that ETH recently broke out of a four-hour descending triangle at $4,356, setting sights on $4,500 and possibly $4,956 if resistance ￰19￱ support, he said, remains at $4,200.

Ethereum is heating ￰20￱ $4,356, $ETH has broken out of its 4H descending ￰21￱ spotlight now shifts to $4,500, clearing it could unlock momentum toward $4,956. Strong support remains at $4,200, keeping the bullish setup ￰22￱ is building, and the chart… ￰23￱ — Iko | Web3 (@IkoWEB3) September 9, 2025 Optimism has also come from Ethereum co-founder Joseph Lubin, who argued that ETH could rally “100x or more” as Wall Street adopts decentralized ￰24￱ compared Ethereum’s role to the U. S. dollar’s break from the gold standard in 1971, calling it future infrastructure for institutions such as ￰25￱ view aligns with Fundstrat’s Tom Lee, who sees ETH hitting $5,500 soon and potentially $12,000 by ￰26￱ Lee predicts Ethereum rally to $5,500 soon, $12,000 by year-end as BitMine accumulates $7.65B treasury. #Ethereum #Rally ￰0￱ — ￰27￱ (@cryptonews) August 27, 2025 But fundamentals tell a more complex story.

Ethereum’s on-chain revenue plunged 44% in August to $14.1 million , despite ETH reaching an all-time high of $4,957. Network fees fell 20% to $39.7 million, reflecting the impact of March’s Dencun upgrade, which lowered costs for layer-2 rollups but cut fee ￰28￱ drop has revived debate about Ethereum’s long-term economic ￰29￱ adoption remains a counterweight. Etherealize, a firm backed by Vitalik Buterin, raised $40 million in September to build infrastructure for tokenized assets and expand corporate Ethereum use. Meanwhile, stablecoin supply on Ethereum surged to a record $165 billion, growing by $5 billion in a ￰30￱ crypto market has entered a risk-off phase, with investor sentiment dipping into “Fear” territory over the weekend. #Crypto #Altcoins ￰1￱ — ￰31￱ (@cryptonews) September 7, 2025 Sentiment across crypto remains ￰32￱ Fear & Greed Index slipped into “Fear” at 44 , with traders rotating from smaller altcoins back into majors like Bitcoin, ETH, and XRP, according to ￰33￱ CoinMarketCap’s Altcoin Season Index hit 56, analysts warn a broader altcoin rally may not emerge until more ETF products launch later this year.