2026-01-22 05:27:44

According to on-chain data tracking platform monitoring, US spot Ethereum ETFs experienced significant capital outflows in the most recent trading day. The net outflow for the day reached $287 million, marking the second consecutive trading day of large net outflows.

Specifically, the performance of several major products showed noticeable differences. Among them, ETHA had the most prominent net outflow, totaling $250.3 million, accounting for the largest share. FETH followed closely with a net outflow of $30.9 million. ETHE had a net outflow of $11.4 million, while ETHV's outflow was relatively small at $4.4 million.

Interestingly, against the backdrop of overall net outflows, Grayscale ETH products saw an opposite trend with a net inflow of $10 million, reflecting differing strategies among various institutions and investors. This kind of divergence is not uncommon in the ETF market and often indicates differing views among market participants on the future trajectory of Ethereum.

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digital_archaeologist

· 18h ago

$287 million run away, is this really panic now? --- Grayscale is still accumulating, while others are dumping, this divergence is quite interesting --- Two consecutive days of large outflows, is the market manipulating to shake out weak hands or are they really planning to run --- ETHA is fleeing $250 million in one day... this pace feels off --- Wait, Grayscale is experiencing net inflow in the opposite direction? What game are these institutions playing again --- The capital divergence is so severe, it shows that no one truly believes in the future market --- $287 million flows out just like that, Ethereum is about to drop --- Grayscale's contrarian accumulation is a bit aggressive, do they have insider information again --- If this flow continues at this rate, when will the bottom be reached --- From the divergence, you can tell that large investors and retail investors are no longer on the same boat

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OnChainArchaeologist

· 18h ago

ETHA is bleeding again, this is the real institutional harvest schedule. Grayscale is still holding on, some people are indeed optimistic about the future... or maybe just trapped. Two consecutive days of net outflows, how much are people losing confidence? Such severe capital divergence indicates that no one dares to be certain about ETH's next move. With ETHA flowing out so aggressively, I need to quickly check if I missed any FUD. Wait, is Grayscale's inflow bottom-fishing? This game isn't over yet.

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MetaMuskRat

· 19h ago

ETH is this secretly cutting leeks, with ETHA selling off so aggressively... Grayscale is still accumulating at this time, which is indeed a bit unusual. Wait, is this move by institutions to shake out the weak or are we really about to drop? Why does it feel like the disagreement is so big, something big is about to happen. Get out quickly when the market opens tomorrow, don't wait any longer.

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