- Spot ether exchange-traded funds recorded their fifth straight day of outflows this week, losing about $952 million.
- Most withdrawals occurred on Friday, when funds shed roughly $446.7 million.
- Flows contrast with August, when spot ether ETFs gathered about $3.9 billion, per SoSoValue data.
- Spot Bitcoin ETFs saw about $246.4 million in net inflows this week, despite $751.1 million in outflows last month.
- Market moves followed weak U.S. jobs data, higher odds of a Federal Reserve rate cut and rising recession concerns, while Gold topped $3,600 per ounce.
Spot ether exchange-traded funds logged their fifth consecutive day of net outflows this week, shedding about $952 million overall, with the largest single-day pullback on Friday. Market participants moved funds amid shifting risk sentiment linked to recent economic data and rate expectations.
According to SoSoValue data, the ETFs lost roughly $787 million across a four-day stretch this week. Friday accounted for about $446.7 million of the outflows. In August, these spot ether ETFs took in about $3.87 billion.
By contrast, spot bitcoin ETFs recorded roughly $246.4 million in net inflows over the past week, after posting about $751.1 million in net outflows in August, according to the same data set. Ether has risen more than 16% over the past month but fell about 1.8% in the last week and now trades just below $4,300.
The cryptocurrency’s gains this year have occurred alongside passage of the GENIUS Act, which limited stablecoin issuers from paying interest and offered regulatory clarity that could encourage institutional buying. A spot ETF is a fund that holds the actual cryptocurrency rather than derivatives or futures.
Traders are pricing in an 89% chance of a 25 basis-point Federal Reserve rate cut and an 11% chance of a 50 basis-point cut, per the CME’s FedWatch tool. Betting markets on Polymarket put the odds of a 50 bp cut near 12%.
Weak U.S. jobs data and growing economic uncertainty have also pushed investors toward safe havens; gold topped $3,600 an ounce for the first time, according to India/gold-nears-record-3600oz-level-weak-us-jobs-data-fuels-rate-cut-bets-2025-09-05/”>Reuters. Analysts linked those moves to broader recession concerns reported by the Washington Post.
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