As the cryptocurrency segment remains overshadowed by negative sentiment, investors in U.S. spot Ethereum ETFs are withdrawing liquidity en masse. The six largest Ethereum ETFs recorded significant outflows, while products by Franklin Templeton, 21Shares, and Invesco remained unchanged.
**Ethereum ETFs Facing Heavy Outflows; BlackRock’s ETHA Leads Losses**
On October 17, 2025, Ethereum spot ETFs showed weak performance amid ongoing market uncertainty. According to SoSoValue tracker data, the total net outflow across all Ethereum funds reached $232.8 million in a single day. BlackRock’s ETHA fund suffered the largest loss, with $146 million in outflows. Fidelity’s FETH and Grayscale’s ETHE followed, posting withdrawals of $30 million and $26 million, respectively. Bitwise’s ETHW and VanEck’s ETHV also saw outflows, losing $20.6 million and $4.9 million.
In contrast, ETFs from Franklin Templeton, 21Shares, and Invesco did not experience any change in their total value locked (TVL) metrics.
This wave of withdrawals marks the fifth worst week for Ethereum (ETH) spot ETFs since these products launched in July 2024, and it stands as the third most challenging week in the past eight months.
**Bitcoin Spot ETFs Experience Even Larger Outflows**
Bitcoin spot ETFs have suffered even more significant losses, with outflows totaling $367 million over the past 24 days. Last week alone, Bitcoin ETFs lost more than half a billion dollars, making it the second most bearish week in the history of BTC ETFs.
Over the past ten days, Bitcoin spot ETFs declined nearly 13% in net asset value. This mirrors investors’ cautious sentiment following the crypto market collapse on October 11, 2025. Despite a relatively quick rebound, both Bitcoin (BTC) and Ethereum (ETH) have yet to regain the price levels seen before the crash.
**Ethereum Price Drops Below $4,000 Amid Market Pressure**
Yesterday, Ethereum’s (ETH) price plunged below $3,700 after losing 13% over three days. Although ETH briefly rebounded from its local bottom, bearish pressure capped its recovery at $3,923.
Bitcoin (BTC)’s price decline has been even more pronounced. The largest cryptocurrency is currently struggling to hold above a critical $105,000 level, a key threshold that influences investors’ short-term expectations.
—
The ongoing outflows and price volatility underscore the cautious mood among crypto investors as uncertainty continues to weigh heavily on the market.
https://u.today/ethereum-etfs-agony-all-major-funds-in-red
