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Ethereum ETFs Log Seventh Straight Day of Outflows as BlackRock Drives Redemptions

Outflows concentrated in BlackRock’s fund point to thinning institutional liquidity near key price levels.

Overview

  • Ethereum spot ETFs recorded $75.89 million in net outflows on Dec. 19, extending the streak to seven sessions and taking the seven-day drain past $685 million.
  • BlackRock’s ETHA accounted for all redemptions on Dec. 19 while the other eight Ethereum ETFs posted zero flows.
  • For the week starting Dec. 15, net withdrawals topped $600 million, led by ETHA at roughly $467 million with smaller outflows at Fidelity (~$35 million) and Grayscale (~$49 million).
  • Ethereum ETF assets stood at $18.21 billion on Dec. 19, and cumulative net inflows slipped to $12.44 billion from $13.15 billion on Dec. 10.
  • Bitcoin ETFs saw $158.25 million in net outflows on Dec. 19, and ETH struggled to retake $3,000 as reduced institutional liquidity weighed on support.