- Ethereum ETFs experienced a record net outflow of $465 million.
- Major sell-offs led by BlackRock’s ETHA.
- Large wallets still accumulated $3.1 billion in ETH.
On August 4, 2025, Ethereum ETFs, including BlackRock’s ETHA, saw record outflows of $465 million, igniting significant volatility in the crypto markets.
This event highlights potential shifts in investor sentiment, affecting Ethereum and Bitcoin prices, despite institutional and large-wallet holders increasing their ETH acquisitions, signifying a complex market dynamic.
BlackRock ETHA Leads $375 Million Ether Sale
BlackRock’s iShares Ethereum Trust ETF (ETHA) recorded the largest single-day sale of ETH, unloading 101,975 ETH worth approximately $375 million. The event marked the end of a 21-day streak of inflows and initiated market fluctuations. Other major players like Fidelity and Grayscale also reduced their Ethereum holdings, contributing to the outflow and market shifts.
Larry Fink, CEO, BlackRock, stated, “Our long-term confidence in Ethereum as a robust asset class remains unwavering, despite the temporary market fluctuations.” – source
Ethereum Dips to $3,380 Amid Broad ETF Outflows
The sell-off resulted in a temporary price drop to $3,380 for Ethereum, although it later stabilized. Bitcoin ETF products also experienced concurrent outflows, magnifying the market’s unease. Despite this, SosoValue analytics reported a $3.1 billion accumulation by large wallets since July, suggesting confidence in Ethereum’s longer-term potential.
Historical Outlook Suggests Recovery from ETF Outflows
Historically, the crypto ETF market has seen temporary depressions due to sharp outflows, often stabilizing in the medium term. Bitcoin ETFs have mirrored this pattern, offering insights into Ethereum’s possible recovery trajectory. Experts suggest that, based on previous trends, the significant outflows might endure as short-term market adjustments while institutional confidence holds.
