Key Takeaways:
U.S. spot Ether ETFs posted a $2.1 million net outflow on June 13, ending a record 19-day inflow streak.
Ether is trading below its May 16 level, when the inflow streak began.
The streak brought in $1.37 billion, accounting for 35% of total net inflows since ETF launch.
Ethereum ETFs Post First Outflow Since Mid-May
The 19-day run of inflows into U.S. spot Ethereum ETFs has ended. On June 13, the products saw net outflows of $2.1 million, according to data from Farside. It marks the first daily outflow since May 16, excluding Memorial Day market closures.
Over the streak, spot Ether ETFs attracted $1.37 billion, around 35% of their total $3.87 billion in net inflows since launching in July 2024.
Ether Price Lags Despite Inflow Momentum
Despite strong ETF demand, Ether is currently trading at $2,552, below the $2,620 level seen at the start of the inflow streak. Over the past 30 days, ETH is down 1.44%, according to CoinMarketCap.
Analysts say a lack of staking features may be limiting broader appeal. On March 20, BlackRock’s digital assets head Robbie Mitchnick noted that Ether ETFs are “less perfect” without staking rewards.
Institutional Interest Still Rising
Institutional sentiment toward Ethereum remains upbeat. On June 13, SharpLink Gaming acquired 176,271 ETH (valued at $463 million), making it the largest publicly traded holder of Ether to date.
Santiment’s Brian Quinlivan added that Ethereum has been “playing catch-up” since markets began recovering in April, with optimism continuing to build.
However, historical Q3 performance remains a cautionary note: since 2013, Ether has averaged just 0.88% returns in Q3, per CoinGlass data.
