Ethereum ETFs extend 7-day outflow streak as ETH stalls below $3,000

ETH2,97%
BTC3,73%

Ethereum spot ETFs recorded $75.89 million in net outflows on December 19, extending the losing streak to seven consecutive trading days.
Summary

  • Ethereum ETFs posted $75.89M in outflows, extending the streak to seven days.
  • BlackRock’s ETHA accounted for all redemptions while other ETH ETFs saw zero flows.
  • Cumulative ETH ETF inflows fell to $12.44B as ETH struggled below $3,000.

BlackRock’s ETHA accounted for all redemptions while the remaining eight Ethereum ETFs posted zero flow activity.

Total net assets under management for Ethereum (ETH) ETFs fell to $18.21 billion as of December 19. ETH struggled to reclaim the $3,000 level amid broader crypto market weakness.

Cumulative total net inflow across all funds dropped to $12.44 billion from $13.15 billion on December 10, the last day of positive flows.

BlackRock’s ETHA drives seventh straight day of redemptions

BlackRock’s ETHA posted $75.89 million in outflows on December 19, marking the fund’s seventh consecutive day of net redemptions.

Grayscale’s ETHE, Fidelity’s FETH, Grayscale’s mini ETH trust, Bitwise’s ETHW, VanEck’s ETHV, Franklin’s EZET, 21Shares’ TETH, and Invesco’s QETH all recorded zero flows.

The outflow streak began December 11 following a brief rally on December 10 when ETFs attracted $57.58 million. December 11 saw $42.37 million in withdrawals, followed by $19.41 million on December 12. Ethereum ETFs extend 7-day outflow streak as ETH stalls below $3,000 - 1 Ethereum ETF data: SoSo Value

The bleeding accelerated mid-week with $224.78 million in outflows on December 15 and $224.26 million on December 16.

Redemptions moderated to $22.43 million on December 17 before climbing back to $96.62 million on December 18.

Total value traded fell to $1.71 billion on December 19 from $2.15 billion the previous day. The seven-day outflow period has drained over $685 million from Ethereum ETFs.

BlackRock’s ETHA maintains the largest cumulative inflows at $12.67 billion. Grayscale’s legacy ETHE fund holds -$5.05 billion in net outflows since converting from a trust structure. Fidelity’s FETH has accumulated $2.64 billion in total inflows.

Bitcoin ETFs mirror Ethereum weakness with $158M outflows

Bitcoin (BTC) ETFs posted $158.25 million in net outflows on December 19, extending crypto’s broad-based redemption pressure.

BlackRock’s IBIT led Bitcoin withdrawals with $173.58 million in outflows, while Fidelity’s FBTC attracted $15.33 million in inflows.

Total net assets for Bitcoin ETFs stood at $114.87 billion, down from $122.43 billion on December 10. Cumulative total net inflow across Bitcoin funds reached $57.41 billion.

Bitcoin ETFs saw mixed flows throughout the week. December 17 posted the strongest inflows at $457.29 million before reversing to $161.32 million in outflows on December 18.

ETH has failed multiple attempts to reclaim $3,000 while BTC struggles to maintain gains above recent support levels.

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