Ethereum ETFs See Significant Surge as Institutions Offset Whale Sell-Offs

After a stretch of sluggish activity, spot Ethereum ETFs are seeing renewed momentum, largely attributed to increased liquidity following recent Federal Reserve rate cuts.

Despite a slow start to the week, institutional interest in Ethereum investment products has returned, pushing prices up even as large-scale ETH holders have been selling off.

On September 27, Fidelity’s FETH led the pack with $42.5 million, followed by BlackRock’s ETHA with $11.5 million.

At the same time, Grayscale’s ETHE saw $10.7 million in outflows. Earlier in the week, the market had seen nearly $80 million in outflows, but BlackRock’s move quickly restored positive momentum.

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Meanwhile, on-chain data reveals significant Ethereum sell-offs. Two major institutions offloaded large sums, including 11,800 ETH by Cumberland and 5,134 ETH from ParaFi Capital.

Additionally, a long-dormant whale sold nearly 13,000 ETH for over $34 million. Despite these large liquidations, the strong ETF inflows seem to be cushioning the market from a deeper decline.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.