Ethereum spot ETFs have now logged 14 consecutive days of net outflows totaling over $708 million, with the most recent week alone accounting for $306 million — the largest single-week withdrawal since late January. Year-to-date net outflows across ETH ETF products have reached approximately $540 million, and the bid that briefly emerged in early 2025 has fully evaporated.
The rotation is directional, not a broad crypto exit. In the same week ETH bled $249 million, XRP pulled in $68 million and Solana attracted $55 million in net inflows. Institutional capital is leaving Ethereum specifically, not the asset class. ETH has shed roughly 25% over three months, trades beneath its 50-, 100-, and 200-day EMAs, and the ETH/BTC ratio has broken critical support — signaling underperformance against its closest institutional benchmark.
Market dominance has slipped toward the 9.7% range, a level that previously served as a recovery launchpad but is now being tested from above. Standard Chartered maintains a long-term $4,000 target for ETH but has flagged a potential flush toward $1,400 before any recovery materializes — a warning that lands with extra weight when outflow data is running this hot. The Pectra upgrade and a flow reversal remain the two catalysts that could reopen a path toward $3,000; without them, the $1,800 structural support level flagged by multiple technical models moves into view.
Crypto News