The crypto landscape is cooling off following last week’s record inflows, now marked by notable ETH outflows as it struggles to retest its all-time high of $4,878.26.
As of this moment, ETH is trading at $4,211, sliding down by 10.29% since last week as outflows continue to deepen and major issuers trim their holdings.
According to SoSoValue’s data, ETH ETFs recorded $422 million in net outflows on 19 August 2025. This marks their second-largest single-day outflow since launch and their third consecutive day of negative performance.
Fidelity recorded the largest outflow at $156 million, followed by Grayscale at $122 million and Bitwise closing off the leaderboard with a recorded $40 million in outflows.
https://twitter.com/arkham/status/1957892432713953645?ref_src=twsrc%5Etfw” rel=”nofollow” target=”_blank
Meanwhile, BlackRock, Franklin Templeton and Invesco saw modest outflows ranging from $3 million to $6 million.
Over the three consecutive days of negative performance, ETH ETFs have recorded roughly $678 million in outflows, resulting in major issuers liquidating their positions.
On-chain data from Arkham reveals that BlackRock, Fidelity and Grayscale collectively unloaded up to $160 million worth of ETH.
The combined outflows have resulted in a reversal of almost a month-long trend of steady inflows and accumulation, suggesting a cooling of institutional sentiment and a broader slowdown in ETH market momentum.
EXPLORE: Top 20 Crypto to Buy in 2025
Since failing to maintain its momentum, ETH has witnessed a downward spiral and is now at its critical support zone.
On-chain indicators are flashing signs of caution. ETH’s price is consolidating just above the 20-day EMA, near $4,135, which, as of now, is acting as a short-term support following its decline from this month’s peak around $4,750.
Meanwhile, the broader outlook is still positive. The 50, 100 and 200-day EMAs are still sloping upwards. However, its short-term momentum is slowing down.
The RSI has dropped to 54, from overbought territory earlier this month, signalling a waning buying pressure.
ETH’s cooldown has reset market sentiment to neutral, allowing it to enter a balanced territory which is neither overheated nor oversold. If it manages to hold above the $4,135 support zone, there’s a high chance of a renewed upside towards the $4,500 to $4,700 range.
https://twitter.com/Ashcryptoreal/status/1957822779253789182?ref_src=twsrc%5Etfw” rel=”nofollow” target=”_blank
On the flip side, a breakdown below this level could trigger a deeper market correction, shifting attention towards the 50-day EMA near $3,690.
EXPLORE: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
ETH ETF issuers continue to hold over 6.3 million ETH despite recent outflows, which is roughly 5% of the total circulating supply, valued just under $26 billion.
However, if it fails to recover its momentum, more outflows could ensue, promoting additional liquidations, adding to the bearish pressure.
EXPLORE: 20+ Next Crypto to Explode in 2025
The post ETH Outflow Worsens As BlackRock And Fidelity Dump ETH ETFs appeared first on 99Bitcoins.
In a pioneering press release announcement, TRM Labs, the blockchain intelligence firm that assists businesses…
Labor Day is not until September 1, but retailers are already offering oodles of Labor…
Circle is accelerating global crypto compliance by aligning with Binance’s Travel Rule network, expanding secure…
XRP has retraced into the $2.80 support zone, a level reinforced by the 50-day moving…
Battery materials startup Group14 announced Wednesday it has closed a $463 million funding round to…
Key Takeaways Wormhole Foundation is set to submit a rival bid for the Stargate protocol,…