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Ethereum ETFs hit pause: $59m flows out as ETH pulls back from all-time highs
U.S. spot Ethereum ETFs recorded net outflows of $59.34 million on August 15, ending an eight-day streak that brought $3.7 billion in total inflows.
The reversal comes as Ethereum Ethereum
eth
-0.61%
Ethereum retreated from near all-time highs to current levels around $4,450.
According to SoSoValue data, only BlackRock’s ETHA maintained positive flows with $338.09 million in single-day inflows, while other major ETFs posted outflows.
Grayscale’s ETHE led withdrawals with $101.74 million in outflows, followed by Fidelity’s FETH at $272.23 million.
Ethereum price surge drives institutional interest
The recent surge in inflows coincided with Ethereum’s rally to $4,788. This brought ETH within 3% of its all-time high of $4,891.
The price surge attracted institutional investment through ETF products, resulting in cumulative total net inflows of $12.67 billion across all Ethereum ETF products.
BlackRock’s ETHA has accumulated $12.16 billion in cumulative inflows since launch. This makes it the leading Ethereum ETF in terms of assets.
Fidelity’s FETH holds $2.74 billion in cumulative inflows, despite the recent outflows. This has helped it earn its position as the second-largest Ethereum ETF.
ETF flows mirror price action
The correlation between Ethereum’s price movement and ETF flows shows how institutional investors respond to market strength.
The eight-day inflow streak began as Ethereum broke above key resistance levels and surged as prices approached all-time highs.
Current outflows may show profit-taking after substantial gains or rotation into other cryptocurrency products.
#ETH ETFs Top $30B#