Ethereum Records $185 Million Spot Outflow While Bitcoin Sees Inflows

Ethereum Records $185 Million Spot Outflow While Bitcoin Sees Inflows

Ethereum spot ETFs reported $166 million net outflow between Feb. 2–6, led by BlackRock ETHA’s $152 million withdrawal, despite Grayscale ETH Mini Trust posting $32.97 million inflow.

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Fact Check
The statement is assessed as highly likely to be true based on strong, consistent, and specific evidence from multiple authoritative sources. Four separate reports from three different platforms (AInvest, Bitget, and BingX) directly corroborate the claim. Specifically, they all report an Ethereum spot outflow of exactly $185 million. Three of these sources further specify that during the same 24-hour period, Bitcoin experienced a net inflow of $87.2 million, directly supporting both clauses of the statement. The BingX report adds further credibility by anchoring these figures to a specific date, Feb. 8.Additional sources provide partial or contextual support. A data snippet from TokenPocket confirms the $185 million ETH outflow, which is consistent with the first part of the statement, although it omits the Bitcoin data. There is no contradictory evidence among the provided sources. The consistency of the precise financial figures across several independent news and exchange platforms provides a high degree of confidence in the accuracy of the reporting and the truthfulness of the statement.
Summary

Between February 2 and 6, Ethereum spot ETFs saw a net outflow of $166 million, according to SoSoValue. BlackRock’s ETHA led the outflows with $152 million withdrawn, followed by Fidelity’s FETH with $59.89 million outflow. The only significant inflow came from Grayscale’s ETH Mini Trust, at $32.97 million. Total Ethereum spot ETF assets under management stood at $11.97 billion. This broader movement follows prior daily data showing Ethereum’s $185 million spot outflow against Bitcoin’s inflows, reflecting shifting investor sentiment in the crypto ETF market.

Terms & Concepts
  • Net Inflow/Outflow: The difference between the amount of assets entering and leaving an exchange or market, often used as an indicator of buying or selling pressure.
  • Ethereum Spot ETF: An exchange-traded fund that directly holds Ethereum, allowing investors to gain exposure to the cryptocurrency without owning it outright.