The funds dumped a total of $787.6 million between Tuesday and Friday. During the same period, Bitcoin ETF saw a net inflow of $250 million. The weekly reversal took place after a strong August of etheric ETFs, bringing in an influx of $3.87 billion.
The US-based Spot Ether Exchange-Traded Funds (ETF) saw net spills for the fourth consecutive day during the reduced trading week of Labor Day, turning back some of the momentum it had accumulated in August.
Farside data shows a total of $787.6 million cut between Friday and Friday, with $446.8 million leaving on Friday.
Date Ethha (Blackrock) feth (Faithful) ethw (Bitwise) Tess (21 shares) ethv (vaneck) qeth (invesco) ezet (Franklin) ethe (Greyscale Mini) eth (Greyscale) eth (Greyscale) Total 02 Sep 25 0.0 (99.2) (24.2) (6.6 65.8 20.8 0.0 0.0 0.0 0.0 0.0 0.0 26.6 (38.2) 04 Sep 25 148.8 (216.7) (45.7) 0.0 (17.2) (2.1) (1.6) (26.4) (6.4) (167.3) 05 Sep 25 (309.9) (37.8) (51.8 (446.8)
During the same period, Bitcoin ETF saw a net inflow of $250 million.
The weekly reversal took place after a strong August of etheric ETFs, bringing in an influx of $3.87 billion.
By contrast, the Bitcoin ETF recorded a $751 million outflow that month.
Long-term optimism
Despite recent weaknesses, several market participants remain bullish on the etheric outlook.
On Wednesday, Bitmine Chairman Tom Lee predicted that ETH could ultimately reach $60,000.
Talking about Medici Presents: Level Up Podcast, he said Wall Street’s growing interest in tokens could become a “1971 moment” for assets.
Bitmine is the largest etheric financing company and has around $840 million worth of ETH, according to StrategyEthreserve data.
Collectively, Ether Treasury Companies currently controls 2.97% of the distribution of tokens, valued at $154.9 billion at the time of publication.
Whale accumulation
In support of that outlook, blockchain analytics firm Santiment noted that the large ether holders have steadily increased their positions.
Wallets with 1,000-100,000 ETH (between $4.31 million and $430.63 million) increased the balance of 14% since April, when ETH reached its annual low.
“In just five months, they added 14.0% of coins,” Santiment said in a post on X.
The company suggested that accumulation trends can provide fundamental support for the assets, even as ETF flows fluctuate.
Market context
Ether traded at $4,313 on Saturday, while Bitcoin was at $110,238.
The divergent ETF flow highlights the emotional shift between the two biggest cryptocurrencies as traders weigh the effects of macroeconomic conditions, regulatory clarity, and institutional adoption.
The short-term flow has changed negatively, but the strong performance and continued interest in the Ether in August suggests continued interest from institutional players. Investors have suggested whether the latest moves will mark a pause or return the start of a wider rotation to Bitcoin.
