Ethereum ETFs See First Outflows After Record Inflow Streak

After 19 straight sessions of net inflows, U.S. spot Ether ETFs finally saw red on June 13, with $2.1 million in net outflows.

The streak, which began on May 16, brought in $1.37 billion—around 35% of the products’ total inflows since launch in July 2024.

Despite strong demand, Ether’s price slipped from $2,620 at the start of the run to about $2,552, suggesting buying pressure wasn’t enough to push prices higher. Even a $240 million daily inflow on June 11 failed to lift ETH meaningfully.

Analysts say the lack of staking features in the ETFs is holding back broader adoption. BlackRock has acknowledged this limitation, calling the current version “less perfect.”

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Still, optimism is growing around Ethereum, with some suggesting it’s gaining attention as it lags behind Bitcoin’s rally.

Historically, Q3 has been Ether’s weakest quarter, averaging under 1% returns. Yet on June 13, sports betting firm SharpLink Gaming made headlines by buying $463 million worth of ETH, becoming the largest public holder—highlighting that institutional interest remains strong, even as retail flows cool.

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.