Ethereum spot ETFs recorded $446.71 million in net outflows on Sept. 5, led by BlackRock’s ETHA with $309.88 million redeemed. This was the second-largest single-day withdrawal, signaling institutional profit‑taking that pulled total ETF assets under management down to $27.64 billion.
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Ethereum ETFs lost $446.71M on Sept. 5 — the second-largest single-day outflow since launch.
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BlackRock’s ETHA led redemptions ($309.88M), followed by Grayscale ETHE ($51.77M) and Fidelity FETH ($37.77M).
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Weekly net outflows reached $787.74M, reducing AUM from $28.58B to $27.64B and lowering cumulative net inflows to $12.73B.
Ethereum spot ETF outflows: $446.71M redeemed on Sept 5, led by BlackRock’s ETHA. COINOTAG analysis of AUM impact and institutional profit‑taking. Now.
What caused Ethereum spot ETF outflows on Sept. 5?
Ethereum spot ETFs saw large redemptions after ETH pulled back from ~ $4,900 to about $4,300, prompting institutional profit‑taking. The price retracement and short‑term rebalancing by large holders triggered $446.71 million in net outflows concentrated in major products.
How did individual funds contribute to the redemptions?
BlackRock’s NASDAQ-listed ETHA led the outflows with $309.88 million withdrawn while still trading at a ~0.25% premium to NAV. Grayscale’s ETHE recorded $51.77 million in redemptions and Fidelity’s CBOE-listed FETH saw $37.77 million exit. Smaller funds recorded modest moves.
How large were the weekly net flows for Ethereum ETFs?
Daily data shows intensified selling in early September. Net outflows were $167.41M on Sept. 4, plus other early-September withdrawals, bringing the weekly total to $787.74M through Sept. 5. This reversed the prior week’s inflows of $1.08B.
| Fund | Exchange | Net Outflow (USD) |
|---|---|---|
| BlackRock ETHA | NASDAQ | $309.88M |
| Grayscale ETHE | OTC-like listing | $51.77M |
| Fidelity FETH | CBOE | $37.77M |
| Grayscale ETH (other) | — | $32.62M |
| 21Shares TETH | — | $14.68M |
Why did AUM and cumulative inflows decline?
Following redemptions, total assets under management across Ethereum spot ETFs fell to $27.64 billion, down from $28.58 billion a week earlier. Cumulative net inflows dropped to $12.73 billion, the lowest since late August when assets were $13.51 billion.
Frequently Asked Questions
What are the immediate market implications of these outflows?
The outflows indicate short‑term institutional profit‑taking amid ETH’s price pullback. Lower AUM can temporarily reduce passive buying pressure and increase price sensitivity to large orders.
How should investors interpret daily ETF flow volatility?
Daily ETF flows reflect both investor sentiment and short-term rebalancing. For long-term investors, flows are one signal among liquidity, on‑chain metrics, and macro context; they are not a sole indicator of market direction.
Key Takeaways
- Major outflow event: $446.71M left Ethereum spot ETFs on Sept. 5, led by BlackRock ETHA.
- Institutional behavior: Price pullback to ~$4,300 likely triggered profit‑taking and rebalancing by large holders.
- Actionable insight: Monitor daily ETF flows, AUM changes, and NAV premiums to assess near‑term liquidity and price pressure.
Conclusion
This COINOTAG report shows that Ethereum spot ETFs experienced a concentrated redemption event on Sept. 5 that reduced AUM and reversed short‑term inflows. Investors should track subsequent daily flows and price action to gauge whether this represents transient profit‑taking or a broader shift in demand. Subscribe to COINOTAG for ongoing updates.
