Ethereum ETFs saw net outflows of $251.2 million on Sept. 25, marking a fourth straight day of withdrawals. Data from SoSoValue shows the bulk of redemptions came from Fidelity’s FETH, which shed $158 million, highlighting persistent bearish sentiment toward Ethereum-based institutional products.
Grayscale’s ETHE and Bitwise’s ETHW followed with $30 million and $27 million in outflows, respectively, while VanEck’s ETHV recorded the smallest drop at $1.4 million.
The latest withdrawals represent the largest single-day redemption of the week, pushing total outflows since Monday past $547 million and signaling weakening appetite for Ethereum exposure among institutional players.
In comparison, Bitcoin ETFs have held up better. Although they also logged outflows in the latest session, their weekly performance remains far stronger than that of Ethereum products.
Ethereum ETF redemptions weigh on price
The mounting ETF outflows coincide with continued weakness in ETH’s spot price, which has slipped back below $4,000. At press time, Ethereum trades at $3,939, down about 2.3% on the day and 13% over the past week.
Ethereum, the second-largest cryptocurrency, has extended its downtrend, giving up much of its recent gains and hovering near the $3,800 support area. Technical indicators point to fading momentum, though a rebound remains possible if buying pressure emerges.
Should the decline continue and ETH fail to hold above $3,900, the next key support is expected around $3,750–$3,800. On the upside, any recovery attempts are likely to encounter resistance near $4,100.
Overall sentiment remains fragile, with Ethereum’s struggle to stabilize keeping traders cautious in the short term. A meaningful reversal will likely hinge on a strong bullish trigger or broader macro shift.
