US-based spot Ether (ETH) exchange-traded funds (ETFs) have recorded four straight days of net outflows during a shortened trading week impacted by the Labor Day holiday. This marks a shift from the strong performance in August, when spot Ether ETFs recorded $3.87 billion in net inflows. In comparison, Bitcoin (BTC) ETFs saw $751 million in outflows during the same month, according to data from Farside.
Ether ETFs lost $446.8 million, bringing total net outflows over the four trading days to $787.6 million. During this period, Bitcoin ETFs, by contrast, posted $250.3 million in net inflows. Analysts and traders are closely watching these trends, as they may indicate short-term sentiment shifts in the cryptocurrency market.
Ether Price Experiences Minor Pullback
Despite the outflows, Ether’s price remains resilient. ETH has slipped slightly over the past seven days, down 2.92%, trading at $4,301 at the time of publication, according to CoinMarketCap. Over the past 30 days, Ether is up 16.35%, showing strong overall momentum despite the recent minor pullback.
The broader crypto market sentiment has been mixed, with the Crypto Fear & Greed Index showing neutral readings over the past two days. While some traders are cautious, the underlying fundamentals for Ether remain strong, and market participants continue to monitor inflows and ETF performance closely.
Traders Expect Inflows to Rebound
Many market participants remain optimistic about Ether’s prospects. Crypto trader Ted commented that inflows are likely to return if Ethereum “continues this pump,” reflecting confidence that price strength will attract renewed interest from institutional investors.
This optimism aligns with the broader trend of institutional participation in the Ether market. Spot Ether ETFs have been a critical vehicle for corporate and institutional treasury allocations, and any sustained price recovery could lead to a resurgence in ETF inflows in the coming weeks.
Long-Term Outlook Remains Bullish
Despite the short-term outflows, Ether advocates maintain a bullish long-term outlook. Tom Lee, chairman of BitMine, reiterated his prediction that ETH could reach $60,000 in the future. During the Medici Presents: Level Up podcast, Lee described Wall Street’s growing interest in ETH as potentially creating a “1971 moment,” which could propel the asset to unprecedented highs.
BitMine, the largest Ether treasury company, currently holds approximately $8.04 billion in ETH, with Ether treasury companies collectively holding 2.97% of total supply, valued at $15.49 billion at the time of publication. This accumulation reflects confidence among institutional investors, who are positioning for long-term growth despite short-term fluctuations.
Ether Whale Accumulation Continues
Data from crypto analytics platform Santiment shows that Ether whales have significantly increased their holdings since the token dipped to yearly lows in April. Whales holding between 1,000 and 100,000 ETH—valued between $4.31 million and $430.63 million—added 14% more coins in the last five months.
This accumulation pattern indicates that large holders are treating recent price dips as buying opportunities. Increased whale activity often serves as a positive signal for the broader market, suggesting that institutional confidence in Ether remains robust.
Implications for the Crypto Market
The recent Ether ETF outflows may be a short-term response to minor price declines and broader market volatility. However, structural factors, including institutional accumulation, treasury holdings, and ongoing adoption, continue to support Ether’s long-term trajectory.
Investors are watching key price levels and market indicators closely. If Ether can maintain support around current levels and ETFs resume inflows, the token could sustain its upward momentum and potentially attract new institutional interest. Market participants are also eyeing upcoming network developments and macroeconomic signals, which may influence both retail and institutional behavior.
Conclusion: ETFs Reflect Short-Term Sentiment, Not Long-Term Fundamentals
While the four-day outflow streak highlights short-term sentiment shifts, Ether’s broader fundamentals remain strong. Institutional investors continue to hold significant positions, whales are actively accumulating, and long-term price predictions remain bullish.
Overall, the minor ETF outflows reflect temporary market reactions rather than a change in Ether’s growth trajectory. If the token maintains momentum, spot Ether ETFs are expected to rebound, reinforcing Ether’s position as a key asset in institutional crypto portfolios.
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