Ether ETFs Face $796M Weekly Outflows as Price Falls 10%

Ether ETFs Face $796M Weekly Outflows as Price Falls 10%

Five Straight Days of Withdrawals Pressure Ether Market

U.S.-based spot Ether exchange-traded funds (ETFs) endured a bruising week, recording five consecutive sessions of net outflows as Ether’s price slid more than 10%.

Data from Farside shows that on Friday alone, $248.4 million exited Ether ETFs, pushing total weekly outflows to $795.8 million. Ether traded at $4,013 by the end of the week, down from near $4,400 just days earlier.

Over the past 30 days, Ether has shed 12.24% of its value, with ETF redemptions adding to pressure on the second-largest cryptocurrency. The last time Ether ETFs faced five consecutive days of withdrawals was in early September, when prices hovered around $4,300.

Retail Demand Weakens as Staking Debate Builds

Crypto analysts suggest the trend reflects investor fatigue. Bitbull, a digital asset analyst, described the streak of withdrawals as “a sign of capitulation as the panic selling has been so high.”

Recent exchange data also supports this. Net taker volume on Binance has remained negative for weeks, underscoring waning retail participation and persistent sell-side pressure.

At the same time, industry focus is shifting to the potential inclusion of staking in Ether ETFs. In mid-September, reports surfaced that Grayscale is preparing to stake a portion of its Ether holdings, signaling confidence that regulators may soon approve staking within exchange-traded products.

Bitcoin ETFs Mirror Weakness but Retain Investor Confidence

Ether is not alone. Spot Bitcoin ETFs recorded $897.6 million in outflows over the same five-day stretch, as Bitcoin’s price dropped 5.28%, settling at $109,551 by week’s end.

Still, optimism remains high for the longer-term trajectory of Bitcoin ETFs. ETF analyst James Seyffart noted in a recent podcast that while flows have cooled in recent months, Bitcoin ETFs remain “the biggest launch of all time.”

“The amount of money that has come in here is unlike anything we have ever seen,” Seyffart said, adding that the funds are performing “as good as you could possibly hope.”

Outlook

With nearly $1.7 billion exiting both Ether and Bitcoin ETFs in a week, the market is facing renewed pressure. Yet, with regulatory decisions on staking looming and continued institutional inflows in earlier months, the debate remains whether these pullbacks represent short-term turbulence—or the early stages of a deeper shift.