
Ethereum ETFs Hit With Massive $796 Million Weekly Outflow
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Investors are pulling capital from Spot Ethereum ETFs at a record pace, with last week’s outflows hitting $795.6 million—the largest since the funds launched.
The pressure mounted significantly late in the week as ETH dipped below the key $4,000 level, leading to a cascade of withdrawals. Major funds were not spared; Fidelity’s Ethereum Fund (FETH) faced outflows of $362 million, and even BlackRock’s behemoth ETHA fund saw over $200 million leave.
Analysts point to “technical breakdowns, macroeconomic jitters, and cascading liquidations” as the culprits behind the price drop that fueled the exodus.