Spot ETH ETF Inflow Streak Ends: Another Sell-the-News Signal?

Ethereum

Spot ETH ETF Inflow Streak Ends: Another Sell-the-News Signal？

• The 20-day inflow streak for U.S. spot Ethereum ETFs ended on Friday, August 1, 2025.
• The funds recorded a collective net outflow of $152 million after gaining $5.5 billion.
• Analysts point to profit-taking and a “sell-the-news” event as likely causes for the reversal.

The record 20-day streak of inflows for the new U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) came to an end on Friday, August 1, 2025.

The funds recorded their first collective net outflow, totaling $152.26 million, after accumulating approximately $5.5 billion since their launch.

Grayscale and Bitwise Lead First Day of Outflows

The net selling on Friday was led by significant outflows from a few key funds. Data from SoSoValue shows the largest outflows came from:

• Grayscale Ethereum Mini Trust (ETH): -$47.68 million
• Bitwise Ethereum ETF (ETHW): -$40.30 million
• Grayscale Ethereum Trust (ETHE): -$37.20 million

Notably, BlackRocks iShares Ethereum Trust (ETHA), which saw a daily trading volume of around $56 million, recorded a neutral flow with no net inflows or outflows. The selling was not isolated to Ethereum, as spot Bitcoin ETFs also experienced outflows on the same day.

Reasons Why Spot Ethereum ETFs Inflow Streak Ended

Analysts point to a natural cooling of institutional demand after an exceptionally strong launch period as one of the main reasons why spot Ethereum ETFs inflow streak ended.

Leading up to this were the daily inflows for spot ETH ETFs had been waning from a peak of $726 million on July 16, suggesting the initial wave of buying was beginning to level off.

As a result, top crypto analysts argued in favor of a sell-the-news event. The past few weeks have seen significant positive regulatory news in the U.S., including the launch of “Project Crypto” by the SEC.

Some analysts argue that corporate and institutional investors who had been buying in anticipation of this clarity are now taking profits.

Whats Next for ETH Price？

The price of Ether reacted to the shift in fund flows, slipping 5.2% in the past 24 hours to trade at about $3,475 on Saturday during the early European session. The large-cap altcoin, with a fully diluted valuation of about $420 billion, has opened August in a bearish sentiment despite historical data analysis suggesting otherwise.

Analysis made by crypto analyst Benjamin Cowen suggests ETH price is well primed for a new all-time high before the end of 2025.

However, the crypto analyst highlighted that the ETH price could experience a mid-term correction before rebounding towards the ATH in the fourth quarter.