Crypto

ETH Outflow Worsens As BlackRock And Fidelity Dump ETH ETFs


The crypto landscape is cooling off following last week’s record inflows, now marked by notable ETH outflows as it struggles to retest its all-time high of $4,878.26.

As of this moment, ETH is trading at $4,211, sliding down by 10.29% since last week as outflows continue to deepen and major issuers trim their holdings.

According to SoSoValue’s data, ETH ETFs recorded $422 million in net outflows on 19 August 2025. This marks their second-largest single-day outflow since launch and their third consecutive day of negative performance.

ETH ETF Outflows

(CoinMarketCap Data)

Fidelity recorded the largest outflow at $156 million, followed by Grayscale at $122 million and Bitwise closing off the leaderboard with a recorded $40 million in outflows.

Meanwhile, BlackRock, Franklin Templeton and Invesco saw modest outflows ranging from $3 million to $6 million.

Over the three consecutive days of negative performance, ETH ETFs have recorded roughly $678 million in outflows, resulting in major issuers liquidating their positions.

On-chain data from Arkham reveals that BlackRock, Fidelity and Grayscale collectively unloaded up to $160 million worth of ETH.

The combined outflows have resulted in a reversal of almost a month-long trend of steady inflows and accumulation, suggesting a cooling of institutional sentiment and a broader slowdown in ETH market momentum.

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Broader ETH Trend Remains Positive With Short-Term Volatility

Since failing to maintain its momentum, ETH has witnessed a downward spiral and is now at its critical support zone.

On-chain indicators are flashing signs of caution. ETH’s price is consolidating just above the 20-day EMA, near $4,135, which, as of now, is acting as a short-term support following its decline from this month’s peak around $4,750.

Ethereum
Price
Market Cap
ETH
$507.42B
24h7d30d1yAll time

Meanwhile, the broader outlook is still positive. The 50, 100 and 200-day EMAs are still sloping upwards. However, its short-term momentum is slowing down.

The RSI has dropped to 54, from overbought territory earlier this month, signalling a waning buying pressure.

ETH’s cooldown has reset market sentiment to neutral, allowing it to enter a balanced territory which is neither overheated nor oversold. If it manages to hold above the $4,135 support zone, there’s a high chance of a renewed upside towards the $4,500 to $4,700 range.

On the flip side, a breakdown below this level could trigger a deeper market correction, shifting attention towards the 50-day EMA near $3,690.

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ETH Reserves Remain Strong Despite Outflows

ETH ETF issuers continue to hold over 6.3 million ETH despite recent outflows, which is roughly 5% of the total circulating supply, valued just under $26 billion.

However, if it fails to recover its momentum, more outflows could ensue, promoting additional liquidations, adding to the bearish pressure.

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Key Takeaways

  • ETH ETFs recorded $422 million in net outflows, their second-largest single-day outflow since launch
  • Arkham data reveals BlackRock, Fidelity, and Grayscale collectively unloaded up to $160 million worth of ETH
  • ETH ETF issuers continue to hold over 6.3 million ETH despite recent outflows

The post ETH Outflow Worsens As BlackRock And Fidelity Dump ETH ETFs appeared first on 99Bitcoins.





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