Fun

Ethereum Spot ETFs Suffer $186 Million Outflows As New Year Struggles Persist – Details

News Feed - 2025-01-13 03:01:57

Este artículo también está disponible en español.


The Ethereum Spot ETFs experienced another tumultuous trading week in 2025 resulting in an overall net outflow. At the same time, the Ethereum market showed similar struggles as the prominent altcoin declined by 10% over the past seven days. Related Reading Will Ethereum Bounce Back? Crypto Analysts Discuss Potential Price Recovery 1 day ago Ethereum ETFs Net Assets Drop Below $12 Billion Amid Strong Outflows


Following a negative performance in the first week of 2025, the Ethereum Spot ETFs are struggling to rediscover their bullish form as another trading week was marred by higher withdrawals than deposits by investors. According to data fromETF tracking site SoSoValue, the week began on a positive note as the Ethereum ETFs rallied to record $128.72 million in net inflows on January 6.


However, this positive momentum was overshadowed by three consecutive days of cumulative net losses of $314.61 million leading to a weekly net outflow of $185.89 million.


During the course of this week, Fidelity’s FETH registered the largest net outflows valued at $276.13 million. This figure was followed by minimal withdrawals from Grayscale’s ETHE, ETH and Bitwise’s ETHW estimated to the tune of $16.12 million, $14.60 million and $3.05 million, respectively.


BlackRock’s ETHA was the only ETF to see a net inflow totalling $124.11 million while VanEck’s ETHV, Invesco’s QETH, 21Shares’ CETH, and Franklin Templeton’s EZET reported no net flows.


Following the Ethereum Spot ETFs underperformance, their total net assets for has declined by 10.89% to $11.61 Billion, representing 2.96% of the Ethereum market cap. Meanwhile, the cumulative total net inflow for these investment funds has now climbed to $2.45 billion.


As expected, Grayscale’s ETHE continues to lead the market with net assets totaling $4.57 billion, while BlackRock’s ETHA maintains its dominance with $3.68 billion in net flows since the launch of these Ethereum ETFs in July. Related Reading Crypto Analyst Explains What Could Trigger Ethereum Rally To $6,000 1 day ago Ethereum Crashes By 10% Due To General Market Struggles


In other news, data from CoinMarketCap shows the price of Ethereum declined by 10.06% in the past week in line with wide scale losses across the crypto market. Notably, this price loss wasaccompanied by $1.4 billion in exchange outflows, as many bullish investors looked to accumulate popular altcoin at lower prices.


At press time, Ethereum trades at $3,287 following a slight gain of 0.58% in the last 24 hours. During this period, the asset’s trading volume has plummeted by 55.98% and is now valued at $11.75 billion. In making any headway, ETH would need to break past the immediate resistance at $3,350 which may ignite a rally to around $3,700.


  ETH trading at $3,287 on the daily trading chart | Source:ETHUSDT chart on Tradingview.com Featured image from StormGain, chart from Tradingview

News Feed

Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen
Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen According to the decentralized finance (defi) protocol Crema Finance, the application was hacked o
Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition
Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition Following the introduction of the Crypto Market Integrity Coalition (CMIC) with 17 member firms last February,
Martin Young4 hours agoWinRAR patches zero-day bug that targeted stock and crypto tradersAccording to cybersecurity firm Group-IB, weaponized ZIP file archives were being shared on crypto trading forums, with each one co
Goldman Sachs Files Defi ETF Application
Goldman Sachs Files Defi ETF Application Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Trade
Technical Analysis: Record Broken, as ANC Falls Over 20% on Sunday
Technical Analysis: Record Broken, as ANC Falls Over 20% on Sunday Following a week-long winning streak, ANC finally fell on Sunday, as crypto bears finally entered the fray. Despi
Political Cartoonist Accuses NFT Platforms Opensea, Rarible of Being ‘Tools for Political Censorship’
Political Cartoonist Accuses NFT Platforms Opensea, Rarible of Being "Tools for Political Censorship" While non-fungibe token (NFT) collectibles have been very popular, NFTs have b
Binance fined $2.25M by India’s Financial Intelligence Unit
Amaka Nwaokocha2 hours agoBinance fined $2.25M by India’s Financial Intelligence UnitIndia’s financial watchdog issued charges against Binance after reviewing written and oral submissions from the Binance director an
Thailand Exempts Crypto Transfers From VAT Until End of 2023
Thailand Exempts Crypto Transfers From VAT Until End of 2023 Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies th
South African University to Commence Blockchain and Digital Currency Education in November
South African University to Commence Blockchain and Digital Currency Education in November A South African university, the University of Cape Town (UCT) has revealed it will commen
Relictum Pro Thrives in Bear Market with Its Token Price Surging 4 Times
Relictum Pro Thrives in Bear Market with Its Token Price Surging 4 Times press release PRESS RELEASE.After being listed on LBank Exchange on September 29, 2022, Genesis Token (GTN),
Colosseum raises $60M to support Solana’s hackathon teams
Ana Paula Pereira8 hours agoColosseum raises $60M to support Solana’s hackathon teamsThe capital will fund pre-seed investments for teams accepted into Colosseum’s Accelerator program.839 Total views3 Total sharesLis
Martin Young4 hours agoEthereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGeckoThe LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields.852 Tot