Ethereum ETFs See First Outflows in Two Weeks as ETH Pulls Back From $4,878 High

After nearly two weeks of uninterrupted inflows, U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) have recorded their first daily outflows since late July. On Friday, August 15, the products experienced $59.3 million in withdrawals, ending an eight-day winning streak that had funneled roughly $3.7 billion into the funds.

The timing of the reversal closely mirrored Ethereum’s price retreat from near-record highs. ETH came within 2% of its November 2021 all-time high of $4,878 earlier this week before retreating to just under $4,450 at the time of writing. Despite the dip, Ethereum still sits nearly 30% higher over the last 30 days, reflecting a powerful rally fueled by institutional interest.

Ethereum ETFs: A Barometer of Institutional Sentiment

Since their debut in mid-2024, spot Ethereum ETFs have become a cornerstone for analysts tracking institutional demand in crypto markets. Collectively, these products have now accumulated more than $12.6 billion in net inflows, a figure that underscores Ethereum’s growing appeal among asset managers, corporate treasuries, and long-term investors.

ETF performance has increasingly acted as a market sentiment indicator. Sustained inflows often correlate with strong upward price momentum, while sudden outflows raise concerns about profit-taking or waning institutional appetite.

Friday’s $59.3 million outflow may appear modest compared to the billions in net inflows to date, but its psychological impact lies in breaking a near two-week streak of consistent accumulation.

ETH Price: Cooling After a 30% Monthly Surge...

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