Ethereum ETFs See $430M Outflow Amid Market Drop, Second-Highest Ever

2 mins mins

Key Insights :

Ethereum Spot ETFs recorded $430M in outflows on August 19, the second highest in its trading history
On-chain data shows $714M stablecoin inflow into Ethereum in the last 24 hours, indicating strong institutional activity
Ethereum’s trading volume nears Bitcoin’s, with technical data showing potential for one final explosive leg

Ethereum Spot ETFs saw a sharp $429.73 million net outflow on August 19, 2025, per SoSoValue data. This marked the second-largest outflow event for ETH ETFs since launch, showing continued investor caution.

AD 4nXe7SpkLKNpMw7e — Ethereum ETFs | Source : SoSo Value

On the same day, Bitcoin Spot ETFs faced a larger $523 million outflow, extending a three-day streak of redemptions. These moves indicate broader market stress amid price retracement and investor risk-off sentiment.

Ethereum On-Chain Metrics Show Institutional Demand

Despite outflows, Ethereum’s on-chain stablecoin supply rose by $714 million in the last 24 hours, per Artemis data.

This surge suggests increased institutional allocation and deeper capital inflows into Ethereum’s ecosystem.

AD 4nXdB2O KThGhKaDch6m8Kp — Ethereum Stablecoin | Source : Artemis

Volume-wise, Ethereum processed $51.73 billion in Layer 1 transactions, trailing just behind Bitcoin’s volume by $21 billion.

The narrowing gap points to Ethereum gaining relevance as a transactional and investment network.

Traders Position Cautiously, Yet Upside Momentum Builds

Data from TedPillows shows ETH’s long/short ratio slightly favors shorts, with Bitget traders showing 47.26% long and 52.74% short.

AD 4nXcSv9GXo9ENyiozlJLuxR2LntHxsg514D9bX YIn3oIjzUHZsDG3G9QPRO2JUqrmsbkqqqDtT7v cPX svMGdeP tinkqRr74x2hJRkv 1XWPRENvDYB bZleiLQcV4QU1 — ETH Long/Short Ratio | Source : X

Gate and WhiteBIT hold the highest short ratios, signaling hedging or bearish speculation.

However, technical analysis from MerlijnTrader indicates Ethereum is currently in Leg 2 of a three-leg market cycle.

The projection outlines one remaining potential rally phase before entering a longer-term bearish stage.

AD 4nXc1LZzk1XtO7bei x9qjhVxYHBE ADu3MkWhoqu3fhLuktkLhJqIa0sp4XbZbe lINVp6pkSctPBI5sbLwGO33pwehhGujR6UzEbUPGQ1hEu5dT8Vnin5gy — Ethereum | Bitcoin | Source : X

Ethereum’s current price stands at $4,121.89, reflecting a 3.69% daily drop and a 12.06% weekly decline.

Despite near-term weakness, market structure and accumulation patterns still align with bullish continuation scenarios.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.