The Ethereum Spot ETFs have been navigating a bumpy ride lately, wrapping up yet another challenging week of trading in 2025, which saw a significant net outflow. In tandem, Ethereum itself hasn’t had much luck, dropping by 10% over the past week, echoing the broader market’s struggles.
Ethereum ETFs Face Asset Decrease, Slipping Below $12 Billion Amid Withdrawals
Coming off a lackluster start in 2025, Ethereum Spot ETFs are still searching for a spark to reignite investor confidence. Instead, the past week was notable for seeing more investors pulling out than putting money in. According to SoSoValue, which tracks ETFs, the week started on an optimistic note with Ethereum ETFs scoring net inflows of $128.72 million on January 6.
Yet, the optimism didn’t last. The consecutive three days that followed were marked by net losses totaling $314.61 million, resulting in a weekly net outflow of $185.89 million. Among these, Fidelity’s FETH bore the brunt with the largest net outflows, losing $276.13 million. Grayscale’s ETHE, ETH, and Bitwise’s ETHW experienced more modest withdrawals of $16.12 million, $14.60 million, and $3.05 million, respectively.
Against the tide, BlackRock’s ETHA stood out as the sole ETF with net inflows, drawing in $124.11 million. Others like VanEck’s ETHV, Invesco’s QETH, 21Shares’ CETH, and Franklin Templeton’s EZET didn’t register any net change.
As a reaction to these performances, the total net assets of Ethereum Spot ETFs contracted by 10.89%, falling to $11.61 billion. This figure represents 2.96% of Ethereum’s market cap, albeit with total cumulative net inflows now up to $2.45 billion. Despite the setbacks, Grayscale’s ETHE retained its lead in the market with net assets of $4.57 billion, while BlackRock’s ETHA continues to assert its influence with $3.68 billion in net flows since these ETFs made their debut in July.
Ethereum Slumps by 10% Amid Widespread Market Struggles
Shifting focus, Ethereum’s price took a hit last week, declining by 10.06% as detailed by CoinMarketCap, amidst a broader downturn across the crypto landscape. Many bullish investors saw this drop as an opportunity to buy up the favored altcoin at these reduced prices, resulting in $1.4 billion exiting exchanges.
Currently, Ethereum is trading at $3,287, having edged up by 0.58% in the past 24 hours. However, it’s witnessed a significant dip in trading volume, down by 55.98%, now sitting at $11.75 billion. For Ethereum to gain some momentum, it’ll have to surpass the resistance level at $3,350, which could potentially drive it up toward $3,700.