{"id":89800,"date":"2025-10-10T16:29:17","date_gmt":"2025-10-10T13:29:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89800"},"modified":"2025-10-10T16:32:33","modified_gmt":"2025-10-10T13:32:33","slug":"ethereum-etfs-record-first-outflow-after-an-eight-day-2bn-inflow-streak","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ethereum-etfs-record-first-outflow-after-an-eight-day-2bn-inflow-streak\/","title":{"rendered":"Ethereum ETFs record first outflow after an eight-day $2bn inflow streak"},"content":{"rendered":"<p>On October 10, investors pulled about $8.7m from Ethereum-<a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a>, breaking an eight-day run of inflows totaling $1.97bn, according to <a href=\"https:\/\/sosovalue.com\/assets\/etf\/Total_Crypto_ETH_ETF_Fund_Flow?page=usETH\">SoSoValue<\/a>.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"538\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-53ef53b8ce71581f-6495395599380363-1024x538.png\" alt=\"image\" class=\"wp-image-267330\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-53ef53b8ce71581f-6495395599380363-1024x538.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-53ef53b8ce71581f-6495395599380363-300x157.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-53ef53b8ce71581f-6495395599380363-768x403.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-53ef53b8ce71581f-6495395599380363.png 1202w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Daily net flows for spot Ethereum ETFs. Source: SoSoValue.\u00a0<\/figcaption><\/figure>\n<p>The bulk of the outflow came from Fidelity\u2019s FETH \u2014 $30.3m. Products from Bitwise, VanEck, 21Shares and Invesco saw similar moves.<\/p>\n<p>The exception was BlackRock\u2019s ETHA, which attracted $39.3m in the latest session.\u00a0<\/p>\n<p>The previous run of inflows was the largest since August, when Ethereum ETFs took in $3.7bn over eight days. It was also the fourth-biggest since launch. The record was set in July \u2014 $5.4bn over 20 days.\u00a0<\/p>\n<p>Trading volumes in funds backed by the second-largest cryptocurrency totaled $2.31bn. ETHA led with $1.65bn, followed by ETH at $213.5m and FETH at $185m.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/etfs\/ethereum-etf\/spot-ethereum-etf-volumes\/embed\" title=\"Spot Ethereum ETF Volumes\"><\/iframe><\/p>\n<p>Spot bitcoin ETFs extended a nine-day streak of inflows, drawing $197.8m over the day. Since the start of October, they have attracted $5bn, versus $1.2bn for Ethereum products.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"570\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-5b3763990246a578-6495420866589228-1024x570.png\" alt=\"image\" class=\"wp-image-267331\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-5b3763990246a578-6495420866589228-1024x570.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-5b3763990246a578-6495420866589228-300x167.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-5b3763990246a578-6495420866589228-768x427.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-5b3763990246a578-6495420866589228-1536x855.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-5b3763990246a578-6495420866589228.png 1826w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Daily net flows for spot bitcoin ETFs. Source: <a href=\"https:\/\/sosovalue.com\/assets\/etf\/Total_Crypto_Spot_ETF_Fund_Flow?page=usBTC\">SoSoValue<\/a>.\u00a0<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Consolidation\u00a0<\/h2>\n<p>At the time of writing, the leading altcoin traded around $4,400. According to BRN\u2019s head of research Timothy Misir, the $4,250\u20134,500 range remains key for the cryptocurrency.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"603\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f8a2e02b6d6e1349-6495436047622302-1024x603.png\" alt=\"image\" class=\"wp-image-267332\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f8a2e02b6d6e1349-6495436047622302-1024x603.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-f8a2e02b6d6e1349-6495436047622302-300x177.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-f8a2e02b6d6e1349-6495436047622302-768x452.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-f8a2e02b6d6e1349-6495436047622302-1536x905.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-f8a2e02b6d6e1349-6495436047622302.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly ETH\/USDT chart on Binance. Source: TradingView.\u00a0<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cTraders are preparing for significant network upgrades that promise to improve scalability,\u201d he said in comments to <\/em><a href=\"https:\/\/www.theblock.co\/post\/374123\/ethereum-etfs-end-latest-eight-day-2-billion-inflow-streak-eth-cools\"><em>The Block<\/em><\/a><em>.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>The expert added that the market is not overheated \u2014 leaving room for further gains.\u00a0<\/p>\n<p>Investor Ted Pillows noted that Ethereum bounced off the $4,250 support. If the cryptocurrency holds that level, a recovery is likely; otherwise the price could correct toward $4,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> had a bounceback from the $4,250 support level.<\/p>\n<p>If this level holds, Ethereum will show some recovery.<\/p>\n<p>If ETH fails to hold this level, expect a correction towards the $4,000 level. <a href=\"https:\/\/t.co\/JHEuPFxn8b\">pic.twitter.com\/JHEuPFxn8b<\/a><\/p>\n<p>\u2014 Ted (@TedPillows) <a href=\"https:\/\/twitter.com\/TedPillows\/status\/1976567125570658417?ref_src=twsrc%5Etfw\">October 10, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The analyst known as Ash Crypto <a href=\"https:\/\/x.com\/Ashcryptoreal\/status\/1976423343470543059\">pointed<\/a> to the same support, adding that the nearest resistance sits at $5,000.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cETH has returned to the price on October 1, but since then BlackRock\u2019s ETHA fund has acquired $1.4bn worth of the cryptocurrency. This is a clear sign of aggressive Ethereum accumulation by whales. [\u2026] If the asset breaks through resistance, I expect a sharp rise to $6,000 and above,\u201d he stressed.\u00a0<\/em><\/p>\n<\/blockquote>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a> researcher under the nickname ZYN <a href=\"https:\/\/x.com\/Zynweb3\/status\/1976325711041327259\">believes<\/a> the altcoin \u201cis completing the final phase of accumulation under the <a href=\"https:\/\/forklog.com\/en\/news\/the-wyckoff-method-what-it-is-and-how-to-use-it-in-trading\">Wyckoff method<\/a>\u201d. In his view, to trigger a new rally the second\u2011largest cryptocurrency needs to close the current week above $4,750.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> Wyckoff accumulation is in its final phase.<\/p>\n<p>Ethereum just needs a weekly close above $4,750 and a new rally will start.<\/p>\n<p>My target is $8K by Q4 end and $10K by cycle top. <a href=\"https:\/\/t.co\/P1rIbC2gdt\">pic.twitter.com\/P1rIbC2gdt<\/a><\/p>\n<p>\u2014 ZYN (@Zynweb3) <a href=\"https:\/\/twitter.com\/Zynweb3\/status\/1976325711041327259?ref_src=twsrc%5Etfw\">October 9, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cMy targets are $8,000 in the fourth quarter and $10,000 by year-end,\u201d the expert shared.\u00a0<\/em><\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">BitMine adds $104m of Ethereum<\/h2>\n<p>On October 10, BitMine Immersion Technologies topped up its Ethereum reserve with 23,823 ETH worth $103.7m, analysts at Lookonchain noted, citing Arkham data.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bitmine keeps accumulating <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> \u2014 5 hours ago, they received another 23,823 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($103.68M) from BitGo.<a href=\"https:\/\/t.co\/DLOO6fgc7K\">https:\/\/t.co\/DLOO6fgc7K<\/a><a href=\"https:\/\/t.co\/w5uTBr9jZg\">https:\/\/t.co\/w5uTBr9jZg<\/a> <a href=\"https:\/\/t.co\/nScuFMDf5X\">pic.twitter.com\/nScuFMDf5X<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1976474332827357292?ref_src=twsrc%5Etfw\">October 10, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The firm has not officially confirmed the latest cryptocurrency purchase.\u00a0<\/p>\n<p>BitMine now oversees more than 2.8m ETH worth about $12.4bn. The company is the largest holder of the asset and the second-largest <span data-descr=\"Digital asset treasury \u2014 a company with cryptoassets on its balance sheet\" class=\"old_tooltip\">DAT<\/span> after Strategy.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"285\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-7bfd32c7743b954b-6495491645847342-1024x285.png\" alt=\"image\" class=\"wp-image-267333\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-7bfd32c7743b954b-6495491645847342-1024x285.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-7bfd32c7743b954b-6495491645847342-300x83.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-7bfd32c7743b954b-6495491645847342-768x213.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-7bfd32c7743b954b-6495491645847342-1536x427.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-7bfd32c7743b954b-6495491645847342.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Top 10 public-company holders of Ethereum. Source: <a href=\"https:\/\/www.strategicethreserve.xyz\/\">Strategic ETH Reserve<\/a>.\u00a0<\/figcaption><\/figure>\n<p>Ethereum co-founder and ConsenSys CEO Joseph Lubin <a href=\"https:\/\/forklog.com\/en\/news\/joseph-lubin-declares-ethereum-the-premier-asset-for-corporations\">called<\/a> the leading altcoin the best asset for corporations.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On October 10, investors pulled about $8.7m from Ethereum ETFs, ending an eight-day run of $1.97bn in inflows.<\/p>\n","protected":false},"author":1,"featured_media":89801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"BlackRock\u2019s ETHA stood out, attracting $39.3m","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,569,46],"class_list":["post-89800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-etf","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"192","promo_type":"1","layout_type":"1","short_excerpt":"BlackRock\u2019s ETHA stood out, attracting $39.3m","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89800"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89800\/revisions"}],"predecessor-version":[{"id":89802,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89800\/revisions\/89802"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/89801"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}