On October 9, 2025, US Ethereum spot ETFs trading around $4,350 per ETH saw their eight-day inflow streak come to an end. After accumulating $1.97 billion in inflows, the trend paused with a modest net outflow of $8.7 million. The Fidelity Ethereum ETF (FETH) led the withdrawals, while BlackRock’s ETHA moved in the opposite direction, adding $39.3 million in daily inflows and reaching $1.4 billion over nine days. Trading activity remained strong, with a daily volume of $2.31 billion, while Ethereum’s price hovered near $4,300.
In contrast, Bitcoin spot ETFs, priced around $121,729, recorded $197.8 million in inflows, bringing their nine-day total to $5.96 billion, showing continued institutional demand for crypto-based products.
According to SoSoValue, aside from Fidelity’s $30.3 million outflow, smaller redemptions were reported by Bitwise (ETHW), VanEck (ETHV), 21Shares (CETH), and Invesco (QETH). The recent eight-day inflow streak was the fourth largest on record, following the $3.7 billion inflow run in August and the 20-day, $5.4 billion series from July.
The ETHA ETF dominated trading volumes at $1.65 billion, followed by Grayscale’s ETH fund at $213.5 million and Fidelity’s FETH at $185 million, showing a concentration of activity among leading issuers.
Timothy Misir, head of research at BRN, highlighted the $4,250 to $4,500 range as a key support and resistance area for Ethereum. He noted that the upcoming network upgrade is expected to improve scalability and support prices. Market indicators remain balanced, with stable momentum, reasonable futures funding rates, and normalized option skews. Misir described current conditions as a phase of calm consolidation with solid liquidity.
At the macro level, institutional adoption and ETF-driven inflows continue to support Ethereum’s positive outlook. While short-term volatility remains, price action suggests accumulation rather than distribution, with ETF demand and exchange outflows helping maintain market stability.