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Spot Ether exchange-traded funds (ETFs) in the United States have logged four consecutive days of net redemptions, underscoring growing investor caution after a record-breaking August. The latest Ether ETF outflow, totaling $787.6 million during the shortened Labor Day trading week, contrasts sharply with the $3.87 billion net inflows seen last month, according to data from Farside Investors.
On Friday alone, Ether ETFs registered $446.8 million in redemptions. In a reversal of fortunes, Bitcoin ETFs attracted $250.3 million in inflows during the same four-day stretch, highlighting a shifting dynamic between the two largest cryptocurrencies.
“Ether ETF outflow at this scale suggests traders are reassessing risk in the near term,” — Jason Lau, Chief Innovation Officer at OKX, said in a statement.
Market participants remain cautiously optimistic that inflows will return if Ethereum maintains its upward price trend. Independent crypto trader Ted commented, “I’m expecting inflows to return if Ethereum continues this pump.”
Ether has gained 16.35% in the past 30 days but saw a 2.92% dip in the last week, trading at $4,301 at the time of reporting, according to CoinMarketCap. Despite the recent Ether ETF outflow, market sentiment remains neutral, with the widely tracked Crypto Fear & Greed Index posting steady readings for two consecutive days.
Crypto research firm Santiment noted that whale investors—wallets holding between 1,000 and 100,000 ETH—have quietly increased holdings by 14% since April’s lows. “This level of accumulation during a period of sustained Ether ETF outflow signals strong long-term conviction,” — Santiment researchers wrote in a recent update on X.
While the latest Ether ETF outflow raises questions about institutional appetite, several analysts continue to project significant long-term upside for Ethereum. On the Medici Presents: Level Up podcast, BitMine chairman Tom Lee reiterated his view that Ether could reach $60,000 over time.
“Wall Street’s adoption of Ethereum could be a 1971 moment — the type of financial paradigm shift that redefines value,” — Tom Lee, Chairman, BitMine, said.
BitMine, currently the largest corporate holder of Ether, has amassed approximately $8.04 billion in ETH, according to StrategicETHReserve. Ether treasury companies collectively control 2.97% of the asset’s circulating supply, now valued at $15.49 billion.
For investors, the Ether ETF outflow presents both a short-term headwind and a test of Ethereum’s resilience as an institutional-grade asset. Analysts say the next few weeks will determine whether August’s surge was an outlier or the foundation for sustained growth.
With Ethereum’s price stabilizing above $4,300, the coming trading sessions may show whether renewed inflows materialize — or whether Bitcoin’s current momentum continues to siphon investor capital away from Ether.
