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U.S. spot Ethereum ETFs log record 23-day net outflow streak, Glassnode reports

U.S. spot Ethereum exchange-traded funds have posted 23 consecutive trading sessions of net outflows, their longest streak since launch, according to on-chain analytics firm Glassnode.

Glassnode chart titled 'ETH ETFs Post 23 Straight Sessions Of Outflows' showing net flows and ETH price action.
Image: @WuBlockchain

U.S. spot Ethereum exchange-traded funds have recorded 23 straight trading sessions of net outflows, marking the funds' longest sustained withdrawal streak since their launch, according to on-chain analytics firm Glassnode.[1][3]

Glassnode attributed the continuous outflows to weakening demand among traditional finance investors, who had previously accumulated ether heavily across August and September.[1]

According to Crypto Briefing, the prolonged exit streak signals softening institutional confidence, which stands in contrast to rising on-chain staking activity.[2]

Key facts

  • U.S. spot Ethereum ETFs recorded 23 consecutive trading days of net outflows, marking their longest streak since launch.
  • Glassnode attributed the sustained redemptions to weakening demand from traditional finance investors following heavy accumulation in August and September.
  • Crypto Briefing reported that the extended streak signals waning institutional confidence despite rising on-chain staking activity.

Sources · 3 sources

  1. WB

    Wu Blockchain@WuBlockchainPost on X ·

    U.S. Spot Ethereum ETFs Hit Record 23-Day Net Outflow Streak Since Launch On-chain analytics firm Glassnode reported that U.S. spot Ethereum ETFs have recorded 23 consecutive trading days of net outflows, marking their longest streak since launch. Glassnode said the sustained withdrawals reflect weakening demand from traditional finance investors, who had accumulated ETH heavily in August and September.

    Open source
  2. CB

    Crypto BriefingArticle ·

    US spot Ethereum ETFs log record 23-day net outflow streak The prolonged outflow streak from US spot Ethereum ETFs signals waning institutional confidence, contrasting with rising on-chain staking activity. The post US spot Ethereum ETFs log record 23-day net outflow streak appeared first on Crypto Briefing .

    Open source
  3. CO

    Cointelegraph@CointelegraphPost on X ·

    ⚡️ LATEST: US spot Ethereum ETFs have recorded 23 consecutive trading sessions of outflows, their longest streak since launch, according to Glassnode. https://t.co/ji6ioVk1fJ

    Open source