Crypto & Forex September 28, 2025 0 Comments

Ethereum Spot ETFs Just Blew $795M—What Insider Move Is Triggering This Massive Exodus?

Ever wonder what happens when billions pour out of Ethereum ETFs in just a week? Well, buckle up — because last week the market witnessed a historic exodus, with Fidelity’s Ethereum Fund (FETH) bleeding out over $362 million and BlackRock’s ETHA fund not far behind, seeing exits north of $200 million. It’s like watching a high-stakes game where the stakes suddenly feel just a bit too hot to handle. Ethereum itself wasn’t immune, slipping just below $4,000 amid this whirlwind of investor jitters and short-term volatility. Sure, the buzz around Ethereum’s network activity has been electric, but when those ETFs start draining record amounts, it begs the question: is this a pause to catch breath or a sign of turbulence ahead? Let’s dive into the details and unravel what’s really going on beneath these headline figures. LEARN MORE

Key Takeaways

Which Ethereum ETFs were most affected by outflows?

The Fidelity Ethereum Fund (FETH) experienced the largest outflows at over $362 million, followed by BlackRock’s ETHA fund, with more than $200 million exiting.

How did Ethereum’s price perform during this period?

Ethereum traded at $3,990.17, down 0.58% on the day and 10.78% over the past week, reflecting short-term market volatility.

Ethereum [ETH] has been making headlines recently, not just for its price movements, but also due to heightened network activity that has drawn investor attention.

Yet, despite the buzz, spot Ethereum ETFs faced a historic drain last week, recording their largest weekly outflows on record.

Ethereum ETF analysis

Data from Farside Investors shows that for the week ending the 26th of September, these ETFs saw $795.6 million in outflows amid a trading volume surpassing $10 billion.

The ETFs just edged out the previous notable week of the 5th of September, which saw $787.7 million exit the funds.

BlackRock’s industry-leading ETHA fund saw more than $200 million exit, even though the fund still manages over $15.2 billion in assets.

Meanwhile, the Fidelity Ethereum Fund (FETH), the third-largest Ethereum ETF by assets under management, experienced the largest outflows among its peers, with over $362 million pulled during the same period.

Grayscale’s ETHE also reported notable withdrawals, highlighting a broader trend of investor caution in the Ethereum market.

The outflows coincided with Ethereum’s price slipping below the $4,000 mark, trading at $3,990.17, down 0.58% on the day and 10.78% over the past week, according to CoinMarketCap.

The retreat in ETF flows mirrors the wider market sentiment, as investors appeared to pull back amid short-term volatility.

Spot Bitcoin ETFs faced similar pressures

Weekly outflows across available Bitcoin [BTC] ETFs totaled $902.5 million, with Fidelity’s FBTC leading the pack in withdrawals.

Bitcoin itself traded at $109,352.01, reflecting a modest daily decline of 0.02% and a 5.53% drop over the week, according to CoinMarketCap.

What’s more?

This coincided with the SEC has postponing decisions on multiple crypto ETF and staking applications, pushing review deadlines into late October and mid-November.

Major issuers, including BlackRock, Franklin Templeton, Fidelity, 21Shares, and Grayscale, are among those affected.

Yet, despite these delays, market optimism remains, with Ripple [XRP] Futures reaching record highs and new filings emerging, such as VanEck’s proposed Spot Hyperliquid ETF and the first U.S.-based Dogecoin [DOGE] ETF.