Ethereum spot ETFs faced sizable single-day withdrawals, with Fidelity and BlackRock driving most outflows, though long-term inflows remain substantial at over $12 billion.
On January 29, Ethereum spot ETFs saw $156 million in net outflows, according to SoSoValue. Fidelity’s FETH posted the highest daily withdrawal at $59.19 million, followed by BlackRock’s ETHA with $54.88 million. Despite these outflows, total Ethereum ETF assets are valued at $16.75 billion, with cumulative net inflows of $12.23 billion since inception, indicating sustained long-term investor interest despite short-term selling pressures.