Ethereum ETF faces significant selling pressure as institutional investors' fund movements become active by the end of December

As institutional investors’ fund movements become more active, Ethereum spot ETFs experienced increased selling pressure on December 31, recording a significant outflow of $72.06 million. Data from SoSoValue shows that the outflow was driven by a $31.98 million withdrawal from the Grayscale Ethereum Mini Trust, followed by a $21.51 million outflow from BlackRock’s Ethereum ETF.

Large Institutional Investors’ ETF Holdings Continue to Grow Steadily

Despite these single-day outflows, the overall interest from institutional investors remains high. The cumulative net inflow into Grayscale’s ETF has reached $1.488 billion, and BlackRock’s product has accumulated $12.56 billion, indicating a structural demand for Ethereum investment products is forming.

Temporary Adjustment Amid Ongoing Market Expansion

The total net assets of Ethereum spot ETFs have now grown to approximately $17.94 billion, accounting for about 5% of Ethereum’s total market capitalization. With cumulative net inflows reaching $12.32 billion, institutional investors are accelerating their Ethereum holdings, with buying and selling cycles continuing around the $2,800 price level.

Recent outflows are largely seen as short-term market adjustments responding to price fluctuations, and medium-term interest in Ethereum spot products remains intact.