## Outflows from Ethereum ETF: $93.8151 million on 1/9 and signs of continued concern

**The spot Ethereum ETFs have experienced strong net outflows, with BlackRock ETHA leading the withdrawal of $93.8151 million on 1/9 (ET time) — part of a three-day streak of net redemptions.** Data from SoSoValue indicates this signals investor sentiment concerns regarding the current Ethereum asset class.

## Selling pressure from major funds: BlackRock ETHA withdraws nearly $84 million

BlackRock ETHA tops the list of funds with the largest outflows, with $83.7783 million in a single session. This is a significant signal as one of the industry’s largest asset managers is also participating in this withdrawal. However, looking at the overall picture, ETHA still maintains a total net inflow of $12.718 billion — a figure reflecting the long-term appeal of the product beyond daily fluctuations.

Grayscale ETHE follows with a net outflow of $10.0368 million on the same day. Although investors are reconsidering portfolio rebalancing, Grayscale still records a total net withdrawal of $5.141 billion, indicating that these transactions are strategic decisions rather than random.

## Ethereum ETF size: $18.699 billion amid pressure

As of the latest data, the entire Ethereum spot ETF group has an assets under management (AUM) of $18.699 billion. This figure accounts for 5.04% of the overall Ethereum market capitalization — a significant proportion highlighting the growing role of ETF products within the ecosystem.

Cumulative activity history shows that Ethereum spot ETFs have recorded a net inflow of $12.434 billion, demonstrating that the long-term trend remains positive despite short-term adjustments.

## Market signals amid three consecutive days of net outflows

The three-day streak of negative cash flows — confirmed by market data showing withdrawals exceeding $8 million daily — indicates a shift in investor sentiment. The uneven flow of funds among different funds suggests investment strategies are diverging, with some managers choosing to mitigate risk while others maintain a long-term stance.

These fluctuations are noteworthy when viewed in the broader context of the cryptocurrency market, where Ethereum (ETH) continues to play a significant role with a market cap of approximately $398 billion.